Compensation Contract Insurance Negotiation 
Levelset
SEPTEMBER 6, 2022
An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.
Job Order Contracting
FEBRUARY 20, 2018
A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. The contract may consist of a collection of proposed institutional facilities type projects. The JOC will remain in effect for one year from date of contract award.
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Fieldwire
AUGUST 31, 2023
You’ll need to purchase your own health insurance and you won’t receive paid sick or vacation days. Because subcontracts are negotiated rather than bid upon, you may not need bonds for subcontracts. This is in contrast to primary contracts, which are usually required to be bonded by law. Schedule a Demo
Revit OpEd
DECEMBER 22, 2017
Modification of limitation on excessive employee remuneration: Under current law, an employer generally may deduct reasonable compensation for personal services as an ordinary and necessary business expense. Code Section 162(m) limits the deductibility of compensation expenses in the case of publicly traded corporate employers.
Best Practices Construction Law
NOVEMBER 4, 2015
Generally, you have to make sure that you comply with the contract or insurance provisions by: (1) giving written notice of the claim; (2) to the correct party; (3) within the time required; and (4) identifying the event giving rise to the claim. Also, you will want to identify any contract interpretation issues.
Constructlaw
DECEMBER 7, 2020
Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of contract defenses focused on excuses for non-performance. According to another, in the United States, there are presently more than 1,250 pandemic insurance litigations.
Contractor Bookkeeping
JUNE 20, 2014
Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Bonds or guarantees are provided by surety companies.
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