article thumbnail

4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

By contrast, a 1,000-foot linear pipeline project in a busy area of a city might be more complicated than a 3,000-foot pipeline project in a rural area, because of unmarked utilities, permitting issues, reduced work hours, traffic considerations, and more. . Enjoy 120-day payback terms with any material supplier. Learn More.

Risk 52
article thumbnail

15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Limited liability company (LLC) . 10) Business bank account and credit card. 10) Business bank account and credit card. A separate bank account will make management easier, and it will help protect your personal assets. 12) Licenses and permits.

Insurance 295
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The business must provide a bank “letter of credit” to guarantee payment of the bonds. The business shall function independently in performing this activity and shall assume sole responsibility of any debts or liabilities that may be incurred in regard to this trade event.

Wyoming 40
article thumbnail

When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

Did you send your liability insurance payment in late? Washington State Resellers Permit saves money and increase cash flow: [link]. Anytime a contractor’s license is suspended the state may be classify that person as an employee on your jobs. Contractor''s License Suspensions Are Computer Generated. Did you forget to renew your bond?

article thumbnail

THE ESTIMATING PROCESS FROM A TO Z

Construction Cost Estimating

On the opposite hand, you may need to interrupt down some classes or line-items more, like Permits and charges generally Conditions or Countertops in room & tub. Building Permit 3. Electrical, Plumbing, Mechanical Permits 4. Pavement Cut Permit Fee 10. Tree Conservation Permit 17. Fees for a Mid-Sized City 1.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability.

Income 108
article thumbnail

Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Income Apportionment – Depository Institutions: Income of banks having a regular place of business outside Rhode Island are entitled to a portion net income using a three-factor formula similar to that used for the corporate income tax. These credits may be taken against the gross premiums tax.