Remove Compensation Remove Consulting Remove Negotiation Remove Risk
article thumbnail

How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

But first, it is important to understand that every case is unique, and you should always consult with a qualified construction accident injury attorney to get specific advice about your situation. Help with negotiations This can be difficult, as insurance companies are often reluctant to pay large settlements.

Injury 266
article thumbnail

5 Must-Have Clauses in Your Next Construction Contract

Construction Law Monitor

An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages. To avoid disagreements in the future, expectations should be set out from the very beginning. Indemnification.

professionals

Sign Up for our Newsletter

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

article thumbnail

5 Must-Have Clauses in Your Next Construction Contract

Construction Law Monitor

An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages. To avoid disagreements in the future, expectations should be set out from the very beginning. Indemnification.

article thumbnail

Winning More Construction Bids: A Complete Guide

Autodesk Construction Cloud

Contract negotiation and formation. Once the owner selects a bid, they’ll move on to the contract negotiation and formation stage. Construction contracts come in different forms, including: Cost-Plus Contract, where contractors are compensated for all construction-related expenses. How to Perfect Your Construction Bid.

Bidding 52
article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. You need to manage cash flow to have money for their wages, benefits you offer and any applicable state and federal withholding taxes related to their wages, such as Social Security, income tax withholding, workers Compensation and unemployment insurance.

article thumbnail

Things Contractors Should Know About Job Order Contracts

Job Order Contracting

Will you work directly with the real property owner or a consultant? It is important to review all Job Order Contract provisions to assure avoidance of any unnecessary financial risk or potential legal issues. [1]. Shared risk/reward. Will you be able to develop a positive, long term relationship with the owner?

Contract 100
article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. You need to manage cash flow to have money for their wages, benefits you offer and any applicable state and federal withholding taxes related to their wages, such as Social Security, income tax withholding, workers Compensation and unemployment insurance.