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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

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.

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

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Optimize Vs. Maximize Construction Company Production

Contractor Bookkeeping

The First Place to start is an understanding the real profit in any construction is made in the office, not in the field because hard work in the field cannot overcome bad strategy from the office. It sounds crazy but look around you some of your competitors are laughing all the way to the bank and you can too! "If

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. This Type Of Bookkeeping Is Used - Where customers comes to the place of business or at most you ship or deliver a packaged product. In essence you are selling a product or a service from a fixed location. Cost of Goods Sold - If they sell products with 1-4 categories.

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Common Types of Construction Contracts And Their Use

cnstrctr

For the examples I’ll be using a 10 storey office tower as the example building. Defined Project – the product that the owner is expecting to receive is defined in advance and known. Using the office building example we noted above, the construction management contract is more fluid. Construction Contract Types.

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OSHA reminds employers to post injury and illness summaries

Safety Services Company

Dairy Products Stores. Depository Institutions (Banks and Savings Institutions). Insurance Carriers. Insurance Agents, Brokers, and Services. Title Abstract Offices. Holding and Other Investment Offices. Offices and Clinics of Medical Doctors. Offices and Clinics of Dentists. Hardware Stores.

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OSHA reminds employers to post injury and illness summaries

Safety Services Company

Dairy Products Stores. Depository Institutions (Banks and Savings Institutions). Insurance Carriers. Insurance Agents, Brokers, and Services. Title Abstract Offices. Holding and Other Investment Offices. Offices and Clinics of Medical Doctors. Offices and Clinics of Dentists. Hardware Stores.

Injury 48