Remove Compensation Remove Drafting Remove Legal Remove Reference
article thumbnail

Would you apply for this job?

Construction Marketing Ideas

In my opinion, the best “employees” are not actually employees (both in the legal and practical sense). Genuine independent contractors — not phony “contractors” created by scammy employees to cicumvent tax or workers compensation laws — often do the best work. This is a one-sided war. She accepted.

article thumbnail

Professional Liability Insurance Explained

Levelset

In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments. Also referred to as errors and omissions insurance, professional liability covers professionals when the services they provide lead to financial losses for a third party.

professionals

Sign Up for our Newsletter

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

article thumbnail

Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

While E&O is not usually a legal requirement, many construction professionals take out an E&O policy to protect themselves against potentially devastating financial losses resulting from negligence. A construction contract creates a legal responsibility for the contractor to fulfill certain obligations to another party.

article thumbnail

Construction Arbitration

Constructlaw

Industry-specific legal concepts. The Project Nearly all construction arbitrations stem from the execution of a tangible piece of work, often referred to as the project. As a result, the contractor submits a claim for additional compensation. Voluminous evidence and documents. Multiple parties. Design architects and engineers.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Internal Revenue Code Credits Adopted by Reference (AS 43.20.021): Under Alaska’s blanket adoption of the IRC, taxpayers can claim all federal incentive credits. Program regulations are currently being drafted to include the expanded definition for “Advanced Manufacturers.” Unused credits may be carried forward.

Income 108
article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

Prior to FASA, agencies used large single award (umbrella) ID/IQ contracts to avoid: (1) delays associated with awarding several individual contracts for each requirement and conducting recompetitions, and (2) the legal challenges of using multiple award contracts. 1424(a)(2)). Decentralized Ordering.