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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Legal Documents. There are many different types of insurance in the United Kingdom.

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“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. For example, assume you paint residential structures of all types.

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Is Gravity Part of OSHA’s LOTO Regulation?

FDR Safety

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. As part of your documented training, remind them… GRAVITY WINS.

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Is Gravity Part of OSHA’s LOTO Regulation?

FDR Safety

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. As part of your documented training, remind them… GRAVITY WINS.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

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What Contractors Need to Know About Surety Bonds

Construction Marketing

As an alternative to surety bonds, some licensing agencies allow contractors to put up the entire bond amount as security. Surety bonds do not protect you against liability. The company will ask for some additional documents so that it can evaluate you and your business to determine your level of risk during an underwriting process.