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Creating a JOC Coefficient?

Job Order Contracting

Materials. General / Prime Contractor Profit and risk. Workmen’s compensations insurance. Shipping of all materials to the jobsite. Items included in a JOC coefficient (also known as a “Bid Factor”). Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Equipment. Subcontractor costs.

Insurance 234
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9 Types of Insurance You Need to Protect Your Contractor Business

Construction Marketing

As a contractor, you likely know that your business is always at risk. Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Builders Risk Insurance.

Insurance 156
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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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Contracts need risk management

Construction Law

Covid is having an ongoing impact, unsurprisingly, and it appears that projects that showed signs of stress before Covid impacted on working practices and materials supplies have suffered more than those that were going well before. Worryingly, some 60% of survey respondents expect the number of disputes to rise this year.

Risk 52
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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Whoever is responsible for breaching their duty of care should compensate for the injuries. Construction workers can be injured by any material, especially if they fall from a great height. Any falling object, material, or tool can be fatal, especially on construction sites. The Dangerous Nature Of Falling Debris.

Site 156
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From Zero to Hero: Construction Risk Management

Safety Services Company

IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62
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From Zero to Hero: Construction Risk Management

Safety Services Company

How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62