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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. Markups include worker compensation and unemployment per state in which work is performed. Liability insurance based upon local contractor rates is also added as a percentage. Liability insurance based upon local contractor rates is also added as a percentage.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

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#92:  Lost Profits and Waivers of Consequential Damages

NH Construction Law

This mutual waiver includes: 1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and.2 A commercial owner's lost profits will always be of the latter type. 3d 799, 808, 11 N.E.3d

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YOUR PERSONAL LIABILITY FOR WORKPLACE SAFETY

Safety Services Company

Safety must be the foundation of every activity in your organization, because not only is it the keystone of productivity and profitability, but a responsibility for which you are expressly liable. Keep in mind that many liability lawsuits have arisen from negligence occurring after training; formal initial training is not enough.

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Highly Profitable Contractors Control Who Receives Company Information

Contractor Bookkeeping

Worker’s Compensation Provider. General Liability Insurance Provider. The Key work is done by you, or whoever assists you have the power to give information to outsiders about your Construction Company. Who wants details about your business? Internal Revenue Service. State Revenue Agencies. State Payroll Agencies. Other State Agencies.

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Collaborative Construction Solution – Public Sector

Job Order Contracting

The over-riding goal of most contractor becomes minimizing the cost of performing the agreed scope or activity and maximizing profit. When things inevitably go wrong, the participant’s financial interests are often served by blaming others and defending contractual positions, rather than working collaboratively to overcome the problem.

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OSHA Testing Can Reduce Employer Liability, Saves Companies Money

Construction Law Monitor

In fact, the study shows that OSHA testing can actually result in significant savings for companies along with reducing company liability. Reduced Employer Liability. This reduction in claims translated to savings of 26 percent in workers’ compensation costs in the four years following the inspections.

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