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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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Working to Improve Access to Affordable Housing

Pro Builder

While the National Association of Home Builders (NAHB) commends the Biden administration’s effort to address affordable housing , its plan puts too much emphasis on government solutions and nonprofit organizations at the expense of private enterprise.

Housing 59
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Working to Improve Access to Affordable Housing

Pro Builder

While the National Association of Home Builders (NAHB) commends the Biden administration’s effort to address affordable housing, its plan puts too much emphasis on government solutions and nonprofit organizations at the expense of private enterprise.

Housing 52
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Maryland Adopts 42 New Environmental Laws in 2021

Green Building Law Update

The Maryland Attorney General recently issued an opinion concluding that the placement of a protective easement on an already existing forest, as opposed to intentionally created or restored forest, does not qualify for forest mitigation banking. million in the State budget for tree plantings on public and private land.

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Bridging the gap: Why it is so hard to grow a business (and why it may not be necessary to grow it)

Construction Marketing Ideas

.” “When I had employees, I didn’t have enough financial capacity — such that the bank asked me for a co-signer for a bank loan,” the contractor said. Once the bank confirmed his status, he had no trouble receiving financing.” “But my employee, he could get the car without problem.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Go To Your Bank - And they offer you a line of credit. Get Organized - Pick a company name that says something about what you are doing. Bank Accounts - Set up two bank accounts in your company name. Insurance - Is critical to your construction company. It is a must have to borrow money from a bank.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds. I would challenge you to create simple models that allow you to give your own organization random “stress” tests. What would you do next week if you lost that job you had been banking on?