article thumbnail

6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Whoever is responsible for breaching their duty of care should compensate for the injuries. Depending on the scale of the construction project, any unforeseen event involving debris can happen and bring about injuries. . Negligence in securing equipment, particularly when it’s dangling from ladders, beams, or other surfaces.

Site 156
article thumbnail

Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

Delays to projects were frequent, but contractors were told that although they would be granted time extensions, these extensions would be non-compensable. The government recognized the financial impact to individuals who could not work and literally printed money to fund financial stimulus and extended unemployment compensation.

professionals

Sign Up for our Newsletter

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

article thumbnail

HRECs in a Phase l are Not Recognized Environmental Conditions

Green Building Law Update

A properly drafted Phase I can create huge dollar advantages serving as a marketing piece in an associated real estate transaction, be it a sale, a lease or a loan secured by real estate or., And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.

Liability 156
article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Losses like this don’t occur frequently, but you must plan for the small chance that an event like this may happen. The bottom line is: Subcontracting work will be very difficult to secure if you carry no insurance or policies with inadequate coverages. . Workers compensation insurance.

article thumbnail

Tax Reform Impact on Employers and Employees

Revit OpEd

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.

article thumbnail

New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

And arguably the new laws that were enacted were dwarfed, at least in the short and mid term by the impact on real estate of the federal Coronavirus Aid, Relief, and Economic Security Act , the Maryland Governor’s Executive Orders related to COVID-19 , and the COVID-19 Administrative Orders of the Maryland Court of Appeals. Home Builders.

Maryland 227
article thumbnail

Carpenter’s Insurance: Who Needs It & Why

Levelset

Workers’ compensation insurance : If you have employees, a workers’ compensation policy helps them replace lost income and pay for medical treatment if they are injured or fall ill due to job-related conditions. . Insurance companies look at historical statistics to determine how likely your business is to incur a claim. .