Levelset

OCTOBER 13, 2022

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. Aside from owners and GCs, a government entity may want to see proof of liability insurance. Related: 9 Common Insurance Policies in Construction.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 14, 2022

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. Workers compensation insurance. Business auto insurance.

Insurance 98

Insurance Liability Claims Injury 98

Safety Services Company

MAY 31, 2018

Necessary Documentation. The documentation may differ based on your owner-client’s requirements. Insurance Certificates. The prequalification firm will review your certificates of insurance according to the review requirements of the owner client. Owner-client specific documents. Training documentation.

Safety 48

Safety Documentation Accounting OSHA 48

Construction Cost Estimating

MAY 19, 2012

The information for subcontractor can easily be accessed from within one centralized system and totally incorporated with the accounting procedures.

Sage 45

Sage Estimating Contractors Accounting 45

Autodesk Construction Cloud

OCTOBER 21, 2022

Here, the owner and contractors would come up with an agreement and produce a formal document outlining the terms of the project. . Construction contracts come in different forms, including: Cost-Plus Contract, where contractors are compensated for all construction-related expenses. You were missing documents and information.

Bidding 52

Bidding Construction Contractors Contract 52

Pro Builder

AUGUST 5, 2022

Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . Selective Insurance recently released the results of a 10-year study of workplace injury trends , based on 110,000 workers’ compensation claims between 2011 and 2021. billion in workforce education.

Safety 72

Safety Resource Injury Construction 72

Levelset

MAY 16, 2022

The contractor should carry, and the contract should reflect that the contractor has liability insurance covering personal injury of at least $50K and property damage coverage in the same amount. Failure to comply with these requirements could lead the contractor to liability under home improvement fraud.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98