Remove Certification Remove Compensation Remove Documentation Remove Legal
article thumbnail

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. If you’re bidding on contract work, you will likely need a COI per terms of a legal agreement. Even though a COI may expire, tracking those certificates still holds value.

article thumbnail

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. . Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. Workers compensation insurance.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Regulations (or none) and construction marketing: Looking beneath the surface

Construction Marketing Ideas

Should someone I know well (an 18-year-old) sign a legal waiver document before going to work on a residential renovation site? The individual here is young adult and legally can make his own decisions. I told him, however, that he should not sign any legal waivers here.

article thumbnail

Louisiana Contractors & State Licensing – Home Improvement

Construction Law Monitor

et seq ) need to have a “certificate” (not a full license) with the SLBC to perform any home improvement contracting services in excess of $7,500 but below $75,000. Finally the owner needs a copy of the contract documents before any work can start. It will give you protections and keep you legal. 37:2150 et seq.

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. Architect/Engineer’s Guidelines, Quality Control, and other related documents in effect at. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE.

Contract 100
article thumbnail

Things Contractors Should Know About Job Order Contracts

Job Order Contracting

Carefully review the Job Order Contract and all associated documents. It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. [1]. Establish the details of how the JOC consultant is being compensated. JOC Education, Training, and Certification.

Contract 100
article thumbnail

Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know

Levelset

This could result in the contractor’s certification being revoked or suspended up to 5 years — but that’s not all. On-demand legal help you can afford. Legal Guard puts a team of construction attorneys in your corner, on call for contract review or legal advice when you need it. Learn more.