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

Levelset

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

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Lawyers' Opinions in Green Building Transactions

Green Building Law Update

We are increasingly called upon to give legal opinions that a green building is LEED certified, ‘certifiable’ or otherwise really a green building. While legal opinions are given in a variety of commercial contexts, they are increasingly being required as part of the due diligence by lenders when making loans secured by (i.e.,

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. ” Pardon the Commercial Interruption… » Year-End Wake Up Call. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 9) Legality and Taxes. Plus, establishing your business credit will make financing your business easier. . 13) Business insurance. Roofing equipment and materials.

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Contractor License Bonds: Everything You Need to Know

Levelset

Well, every state sets its own rules for contractor licensing, and contractors often must purchase a surety bond in order to legally practice their trade. If a contractor is doing both residential and commercial work, they must hold two surety bonds. . What does that mean? What does a contractor license bond cover?

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Common Types of Construction Contracts And Their Use

cnstrctr

It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Contract Types.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Accounting & Finance. It seems like every time I turn on the television, I see a commercial for something “in the cloud.” There used to be commercials from a well-known company that proclaimed in a super-hero-like fashion, “To the cloud!” STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.