Levelset
MARCH 21, 2022
Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. Restoration contractors can spend a lot of time waiting for payment.
Pro Builder
SEPTEMBER 21, 2021
Banks Consider Climate Change Risk for Home Loans. Banks are starting to calculate their risk exposure to climate catastrophes, and this process can be called “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Tue, 09/21/2021 - 11:36.
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Green Industry Professionals
JANUARY 5, 2018
Fines totalling more than £150,000 handed down over use of private detectives to illegally obtain private banking records An insurance firm and two senior figures connected with the company have been given record fines for using private detectives to illegally obtain the private banking records of a businessman they were investigating.
Levelset
OCTOBER 13, 2022
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.
Construction Equipment
MAY 25, 2018
Postal Inspection Service , Indiana States Attorney Josh Minkler has announced federal charges against six individuals, including a former regional construction project manager of a bank, who are alleged to have operated a multi-level scheme to defraud and embezzle over $8 million from a Pennsylvania-based bank and a Pennsylvania insurance company.
Contractor Bookkeeping
JULY 22, 2022
The bank wants to get paid, and unlike the contractor who is embarrassed to call an old customer, the bank is very willing to call early and often for any outstanding payments due. Accounts Payable keeps track of the bills owed to a supplier or subcontractor. Again, the banker wants to know how long it takes to pay your bills.
ENR Construction
JANUARY 20, 2020
To make the projects more bankable, the hospitals and government contributed $279 million towards construction, which was “considerably more than was usual,” according to the auditors.
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