Constructlaw

SEPTEMBER 10, 2020

It is easier to be successful in your claim if it is well-documented. For public contractors, as the current backlog of work is burned off, the scarcity of future work can significantly strain cash flow and possibly the viability of the company. This was true before COVID-19, but now is even more critical.

Industrial 52

Industrial Union Contract Claims 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

Days of Cash on Hand is the number of days that a company can continue to pay its operating expenses, given the amount of cash available and assuming there is no additional revenue. A high value indicates a strong cash position and ability to withstand cash flow constraints. . Underbillings to WC .

Safety 94

Safety Debt Liability Equity 94

Levelset

AUGUST 16, 2022

The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . It is also helpful to provide the surety with a cash flow projection for the project.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Business Owner

DECEMBER 9, 2011

INSURANCE |. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. Companies who have more claims than average will have a higher than average rate, for example, 1.6. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. February 2009.

Construction 137

Construction Insurance Software Software 137

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

Insurance 48

Insurance Construction Accounting Claims 48

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Construction 52

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.

Construction 48

Construction Insurance Accounting Claims 48

Construction Cost Estimating

MAY 12, 2015

Get cash flows ready for payments in and out. Help in making valuations and claims and make sure that these are compliant with appropriate records. Knowledge for providing and acquiring Insurance, Bonds and Warranties. Help in administering and preserving the contract cost reporting system as ordered by the line manager.

Cash Flow 40

Cash Flow Commercial Contract BIM 40

Contractor Bookkeeping

SEPTEMBER 25, 2013

When you hire 1099 contractors you need to know that their state contractor’s license, bond and insurance are active. During audits states agencies are now looking to check about the bond and insurance. Did you send your liability insurance payment in late? Is your #1 Favorite Customer adding / taking profits or cash flow?

Contractors 49

Contractors Cash Flow Washington Compensation 49

Construction Business Owner

MARCH 8, 2012

INSURANCE |. I often see claims in business articles that the best practice for analyzing something (whatever that may be) is to get more data. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. January 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 3, 2011

INSURANCE |. These are the people who claim to be authentic, but in reality, they come across as insensitive…or just plain rude. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 11, 2011

INSURANCE |. And then there were some machines that are hardly dependent on fuel, or in some cases not at all: Takeuchi claims to have built the prototype of the world’s first all-electric mini excavator, capable of holding a charge for 6 hours. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. January 2009.

Construction 120

Construction Software Software Green 120

Construction Business Owner

FEBRUARY 6, 2012

INSURANCE |. The automated engine shutdown feature claims to provide up to 30 percent in fuel savings. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

SEPTEMBER 1, 2012

Search Engine Optimization companies (SEO’s) claim they can build the perfect web page and get you on the first page of all the internet searches. Is your #1 Favorite Customer adding or taking away profits and cash flow? Yes – they can! Question is which one and what are they doing that actually helps you get leads.

Accounting 48

Accounting Cash Flow Remodeling Consulting 48

Levelset

OCTOBER 19, 2022

To identify areas where systems might be strengthened for prompt invoicing and increased cash flow , think about talking with an outsourced CFO. Restructuring a few crucial financial processes can help construction companies overcome many cash flow-related financial problems. Lack of insurance coverage.

Contractors 98

Contractors Lien Construction Finance 98

Contractor Bookkeeping

AUGUST 9, 2012

In my opinion, and that is all I claim it to be, my opinion, the root cause is cognitive dissonance or "mental noise" wanting to do a good job for the construction company owners and then getting in their head they are the most important person at the company and should be respected and compensated accordingly.

Organization 48

Organization Contractors Accounting Profitability 48

Business Facilities

JULY 11, 2014

There are no minimum or maximum loan sizes and funds may be used for cash flow (working capital), equipment, leasehold improvements and acquisition of owner-occupied real estate. The program will utilize $100 million in deferred tax credits to insurance companies in the state.

Pennsylvania 45

Pennsylvania Finance Zoning Banking 45

Buisness Facilities Contributed Content

APRIL 15, 2014

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a seven-year period. time permanent jobs paying above average wages.

Income 75

Income Finance Zoning Equipment 75