Remove Commercial Remove Liability Remove Security Remove Subcontracting
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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“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. For example, assume you paint residential structures of all types.

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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. . Each field of subcontracting work has its own area of focus in insurance matters. Liability for damage.

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What Is an Installation Floater?

Levelset

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. What is an installation floater?

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All Prime Contractors on TDOT Projects Must Be Licensed

Best Practices Construction Law

Whether you are an out-of-state contractor bidding on an in-state public project, an electrical contractor on a commercial project, or a joint-venture partnership performing general contracting services, you need to check your state's laws on licensing. Business License Requirements.

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Construction Business Owner Blogs

Construction Business Owner

» Pardon the Commercial Interruption…. Once you pull up a job screen, you’ll instantly see all of the links related to that particular screen, such as vendors, subcontracts, and cost projections. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance.

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Winning More Construction Bids: A Complete Guide

Autodesk Construction Cloud

Subcontracting. This process is known as subcontracting. Integrated Project Delivery (IPD) emphasizes teamwork and shared liability. Are you better at commercial or industrial projects? Financial security — Is your company financially secure? How to Perfect Your Construction Bid.

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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

Just the bare labor component includes adders such as fringe benefits, unemployment insurances (federal and state), social security taxes, public liability costs, and builders risk insurance. With general contractors subcontracting the bulk of their projects this is a reasonable place to start the marking up.