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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.

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Types of Estimates in Building Construction

Construction Cost Estimating

Detail Estimate - It contains everything necessary for executing the project together with overhead and contractor's profit. By using this estimating method, the estimator can obtained the required materials, labor, time for successful completion of the project as well as total cost details and overhead along with contractor profit.

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Myths Behind Construction Estimating

Construction Cost Estimating

Estimating is a vital process in a construction business as it can increase the profit margin of an owner to a great extent. Proper estimate can reveal the true cost of executing the service in a construction company that contains materials, labor, equipment, subcontractors and overhead as well as preferred profit margin.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. My favorite time period for comparison purposes is 3 years, but this is a “soft” number, and depending on the nature of your company, philosophy, and the economy, it may change. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.

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What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods

CivilJungle

Direct Comparison with the Capital Value: The method of comparison with the direct value is comparing the building’s worth to another building’s worth directly. Methods for valuing a rental property include gross rent multiplier, sales comparison approach, income approach, and the capital asset pricing model.

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Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

More firms buying more insurance. Despite the economic downturn, the majority of firms continue of carry some kind of professional liability insurance. Nearly 8 in 10 firms carry firm-wide coverage, with 14% carrying firm-wide insurance plus supplemental coverage for specific projects. Presenting the Ideal You. ► July. (6).

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WILG president talks workplace injuries

Safety Services Company

The Workers’ Injury Law & Advocacy Group is the national non-profit membership organization dedicated to representing the interests of millions of workers and their families who, each year, suffer the consequences of workplace injuries and illnesses. That is where WILG helps our nation’s workers.

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