Remove Compensation Remove Documentation Remove Liability Remove Lien
article thumbnail

Does GC Insurance Cover Subcontractors?

Levelset

If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity.

article thumbnail

Unlimited liability for designers and contractors

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. The statute of repose (similar to a statute of limitations) expired by 1982, extinguishing any liability by Sverdrup.

professionals

Sign Up for our Newsletter

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

article thumbnail

A lesson for Architectural Firms: be careful how you pay employees

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company.   The FLSA provides that employees, not otherwise exempt, are to be paid overtime compensation for hours in excess of 40 per work week. mechanics liens.

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

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. Your business plan is a living breathing document that you will change and update as needed. in done correctly. Or The Hard Way.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

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. Your business plan is a living breathing document that you will change and update as needed. in done correctly.

article thumbnail

Enhance your estimating process with Sage 100 Contractor

Construction Cost Estimating

The information for subcontractor can easily be accessed from within one centralized system and totally incorporated with the accounting procedures.

Sage 45
article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

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. Your business plan is a living breathing document that you will change and update as needed. Garbage In = Garbage Out! The Hard Way.