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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Section In the Office.

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Construction Law: Jan/Feb 2024

Construction Law

Editor Nick Barrett asks how long the UK can get away with the governance problem said by the head of the National Audit Office to be embedded at the heart of Whitehall when it comes to managing large scale procurements. Legal terms explained David Nitek and Noe Minamikata of Herbert Smith Freehills LLP explain what is meant by ‘hot-tubbing’.

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

Levelset

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. It pays for repairs of damages to the surrounding property, as well as legal expenses incurred during a lawsuit. Completed operations coverage is bundled with a contractor’s general liability policy.

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

Levelset

If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Aside from owners and GCs, a government entity may want to see proof of liability insurance. If you rent storage or office space from a building owner, they may ask for a COI before you sign a lease. When do I need to provide a COI?

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constructionattorneyblog: Liability for green design

Construction Lawyer

He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. Sabo & Zahn LLC is an Illinois Limited Liability Company. Disclaimer.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Setting up your office and setting a storage area at home will do while you’re beginning. Insurance, liability, and workers’ compensation . 9) Legality and Taxes. Limited liability company (LLC) . 10) Business bank account and credit card. Roofing equipment and materials. Labor costs. Corporation .

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constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

Construction Lawyer

He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. Sabo & Zahn LLC is an Illinois Limited Liability Company. Disclaimer.