4 Factors Underwriters Consider When Issuing a Construction Bond
Levelset
AUGUST 16, 2022
Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings. This guideline can vary based on the scope of a proposed project, the type of construction work in your backlog, the ratio of labor costs to material and equipment costs, and your history of completing projects at originally estimated margins.
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