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Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How

Pro Builder

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Thu, 11/10/2022 - 10:44. Jobsite Safety. Labor + Trade Relations. Jobsite Safety.

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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

How to Prepare for Unexpected Risk Exposure. Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356
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Contracts need risk management

Construction Law

More than ever, a watchful eye will have to be kept on programmes; just as over-optimistic schedules will risk big problems somewhere along the critical path. More than a few contractors we have spoken to over the years have prided themselves for leaving contracts ‘unused’ and ‘in a drawer’. Nick Barrett.

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Creating a JOC Coefficient?

Job Order Contracting

Creating a JOC coefficient is an important part of any Job Order Contract. Specific instructions as to what may be included in a JOC coefficient should also be listed in detail in the associated Request of Proposals (RFP) for Job Order Contracting construction services. General / Prime Contractor Profit and risk.

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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

Job Order Contracting Training Note – JOC Coefficient. The post Job Order Contracting Training Note – JOC Coefficient appeared first on 4BT. A JOC coefficient is a factor, typically ranging from 0.80 The items to be considered when a contractor creates a JOC coefficient vary according to the specific JOC Program.

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Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Levelset

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

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Job Order Contracting Guide

Job Order Contracting

Job Order Contracting Guide. A job order contracting guide is a required component of any best practice Job Order Contract. The Job Order Contract and is integral Job Order Contracting Guide should reflect current, objective, and transparent collaborative best management practices. Owner leadership and competence.

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