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Rising Construction Costs Lead to Higher Risks

Construction Business Owner

Rising Construction Costs Lead to Higher Risks PCF Construction offers insight on current market construction risks and how to take control mhodges Tue, 11/07/2023 - 09:13 One of the most pressing issues in the construction industry today is the unforeseen or unintended increase in risk exposures due to rising construction costs.

Risk 354
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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 general liability insurance?

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2020 Guide to Construction Cost Estimating

Job Order Contracting

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Locally researched detailed line item unit price construction data provided the highest level of verifiable and transparent information. Introduction. Material costs are either.

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Project Protection 101: Exclusive Insights for Cost Challenges

Construction Business Owner

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control.

Insurance 156
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. Awareness and education will be the construction financial professionals’ most powerful tool in guiding the contractor’s banker and surety in analyzing, understanding and adjusting to these changes. Main Image.

Leases 177
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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Construction is one of the most hazardous industries, with injuries occurring almost every year. When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding. When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding.

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Additional Insured Endorsements & How They Work in Construction

Levelset

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. In this article, we’ll explain additional insured endorsements, and how they work in construction. all of which operate differently.