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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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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

However, informal (shop) and as-built drawings, incidental to the job, reflecting the plan of action and the completed project, are anticipated under a JOC. as-built drawings and warranties). Architect-engineer services as defined in FAR 36.102 and Design-Build requirements as defined in FAR 36.3 shall not be acquired under a JOC.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Drawings have been used by designers for centuries to communicate ideas to the construction trades. Until recently, those drawings were produced by hand, but in the last 25 years or so, computers have become the primary tool people use to produce construction documents. MANAGEMENT |. ACCOUNTING |.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Just like any new company, drawing up a business plan is crucial. Insurance, liability, and workers’ compensation . Limited liability company (LLC) . Plus, establishing your business credit will make financing your business easier. . That said, achieving a stable starting point is your first goal. 1) Business plan.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. These did not show up on the drawings. In addition to the initial question, there is usually additional correspondence, drawings, sketches, submittals, email discussions, sub and vendor input, design team input, owner input, pricing and other information, which, can be quite a pile of “stuff” to keep track of.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. But, with a variety of systems, drawing types, documents, forms, and data in a variety of electronic formats, efficiently communicating project information is difficult. Public Exposure and Liability on Construction Sites. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. To begin a discussion of cloud computing, let’s draw some analogies from the world of public utilities. To draw an analogy, imagine a situation in which individuals connected their own personal power generators to create a shared power grid. Public Exposure and Liability on Construction Sites.