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Prevailing Wages in Minnesota: What Contractors Should Know

Levelset

In Minnesota, prevailing wage laws apply to state-funded construction projects that are over $2,500 with one trade contractor or over $25,000 with more than one trade contractor. Equipment Operator Group 4 $40.04 $22.55 $ 62.59 Prevailing wage rates are often higher than what most contractors pay their workers.

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Construction Business Owner Blogs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. Data Security in the Cloud » Collaborating on Cash flow. Bad or outdated information is probably one of the biggest reasons cash flow issues occur. Technology for Collaboration & Cash Flow.

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Construction Business Owner Blogs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. Many State and Federal projects require a contractor to be bonded. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g.

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Construction Business Owner Blogs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. A lot of contractors have asked me about Section 179. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business.

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Construction Business Owner Blogs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. » Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. MARKETING |.

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Construction Business Owner Blogs

Construction Business Owner

EQUIPMENT |. Compliance/Regulations. Equipment Management. Equipment and Services Directory. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. MARKETING |. INSURANCE |. General Management. The good news?

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