Levelset

SEPTEMBER 16, 2022

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. What is completed operations insurance? not in progress).

Insurance 52

Insurance Liability Claims Contractors 52

Chianelli Estimating

JANUARY 30, 2020

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Chianelli Estimating

AUGUST 6, 2020

One error may be the difference in bankruptcy or staying afloat. The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. Insurances; Workers compensation, General Liability, Risk. Increased time to complete projects. Legal expense.

Estimating 60

Estimating Residential Insurance Commercial 60

Construction Lawyer

JULY 20, 2012

Sabo & Zahn LLC is an Illinois Limited Liability Company. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. The court held that it did not -- that the surety's liability is no greater than that of its principal. Copyright Notice. Disclaimer.

Illinois 40

Illinois Subcontracting Liability AIA 40

Levelset

JULY 19, 2022

Start right by registering, licensing, and insuring your business. You’ll need a name for your business entity and a business structure — often a sole proprietorship or limited liability company (LLC). Get the proper license and insurance according to your state’s requirements. Create a plan for growth.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

Get registered, licensed, and insured before anything else. You’ll need a name for your business entity and a business structure — often a sole proprietorship or limited liability company (LLC). Get the proper license and insurance according to your state’s requirements. Make a growth plan to stay focused on your goals.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

Get off to a good start with registration, licensing, & insurance. You’ll need a name for your business entity and a business structure — often a sole proprietorship or limited liability company (LLC). Get the proper license and insurance according to your state’s requirements.

Electrical 52

Electrical Cash Flow Accounting Profitability 52