Levelset

SEPTEMBER 14, 2022

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. 7 insurance policies subcontractors may need.

Insurance 98

Insurance Liability Claims Injury 98

NH Construction Law

FEBRUARY 27, 2021

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. Such a provision was part of a commercial painting subcontract in Hate to Paint, LLC v. Ambrose Development, LLC , No.

Contract 40

Contract Subcontracting Deals Bidding 40

Construction Law Monitor

SEPTEMBER 19, 2013

Without it, it would be impossible to determine where a contractor’s liability begins or ends. A general contractor, for example, benefits from a vague scope of work provision in its subcontracts, but would want specific provisions in its general contract. The short answer: liability. Extra-Contractual Provisions.

Contract 62

Contract Liability Subcontracting Construction 62

Autodesk Construction Cloud

OCTOBER 21, 2022

Subcontracting. This process is known as subcontracting. Integrated Project Delivery (IPD) emphasizes teamwork and shared liability. That’s not to say construction costs are unreasonable or deal-breaking, or that you can’t charge what you’re worth. How to Perfect Your Construction Bid.

Bidding 52

Bidding Construction Contractors Contract 52

Rory Woolsey

MAY 31, 2012

Just the bare labor component includes adders such as fringe benefits, unemployment insurances (federal and state), social security taxes, public liability costs, and builders risk insurance. With general contractors subcontracting the bulk of their projects this is a reasonable place to start the marking up.

Estimating 40

Estimating Overhead Profitability Construction 40

Buisness Facilities Contributed Content

APRIL 15, 2014

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75