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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy. Why a certificate of insurance matters. Most COIs give information on general liability insurance, but can also be used to show proof of commercial automobile or workers compensation coverage.

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Project owners or GCs will want a certificate of insurance proving that you have your own liability insurance. . The bottom line is: Subcontracting work will be very difficult to secure if you carry no insurance or policies with inadequate coverages. . Workers compensation insurance. Commercial umbrella insurance.

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New Hampshire Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

To qualify, the business must be located in an unused or underutilized industrial park; vacant land; or structures previously used for industrial, commercial or retail purposes but currently not used. Economic Revitalization Zone Tax Credits (ERZ): Tax credits against the business profits and enterprise taxes.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Protect your business by securing permits and licenses. Moreover, if you plan to open up a store, you’ll also need a Certificate of Occupancy. . Start with General Liability Insurance and the Workers’ Compensation Insurance. . Labor costs. 14) Branding.

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20 construction industry trends to watch in 2020

Building Radar

Take-off: during planning, controlling and commercialization – with drones 10. Now the data already recorded for the EnEV certificate can be used as the basis for a building eco-balance. BIM: Solving problems proactively and reducing costs 7. Many team players, much data: one cloud for all 8.

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How to Start a Career in Construction

Autodesk Construction Cloud

The good news: The role compensates well and offers excellent growth potential. In the construction industry, typically, plumbers install and repair water supply lines, waste disposal systems, appliances, and fixtures for residential, commercial, and even industrial projects. The median salary for project managers is $97,180 annually.