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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

On average, the cost of builders risk insurance is between 1% to 4% of the project’s budget. For instance, if your construction budget is $500,000, the insurance premiums may cost between $5,000 and $20,000 depending on structure and insurance company. . Workers’ Compensation Insurance. Pollution Liability Insurance.

Insurance 156
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Home Depot Pro App Review

Construction Marketing

Thanks to a recent partnership with The Home Depot, we were recently allowed the opportunity to test out a new app that will bring together everything that contractors need to complete their tasks on time and on budget. 93% of general contractors and 87% of subcontractors use some sort of mobile device at jobsites.

Mobility 194
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Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.

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Home Depot Pro App Review

Construction Marketing

Thanks to a recent partnership with The Home Depot, we were recently allowed the opportunity to test out a new app that will bring together everything that contractors need to complete their tasks on time and on budget. 93% of general contractors and 87% of subcontractors use some sort of mobile device at jobsites.

Mobility 138
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LEAN Collaborative Construction Practices Construction Cost Estimating

Job Order Contracting

Examples: mobilization/set up cost, rental or rental of equipment or machinery. Cost Budgeting – Aggregating the estimated costs of individual schedule activities or work package to establish a total cost baseline for measuring project performance. The project scope of work statements are prepared prior to the summary budget.

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How to Start a Career in Construction

Autodesk Construction Cloud

Some of the standard “tools” of construction now include mobile construction software and document management systems and disruptive technology like robotics and 3D printing. Project managers (PMs) are responsible for overseeing various aspects of a project from startup to closeout, including planning, coordination, and budgets.

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Pennsylvania Incentives and Workforce Development Guide

Business Facilities

A project is eligible if at least 60% of the project’s total production budget is used for Qualified Pennsylvania production expenses. Job Gateway: launched in July 2012 to keep up with the increasingly mobile and technologically advanced society. Unemployment Compensation benefits continue to be paid during training period.