Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98

Risk Defense Organization Insurance 98

Fieldwire

JANUARY 25, 2022

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. Make sure workers are properly trained and equipped. The Importance of Project Risk Planning.

Risk 59

Risk Plans Insurance Construction 59

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 97

Risk Defense Organization Insurance 97

Levelset

SEPTEMBER 20, 2022

Damaged or stolen tools and equipment can erase a considerable investment, and bearing responsibility for damage to another person’s property can mean significant costs for an HVAC business. . HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. Who needs HVAC insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

Construction Specifier

OCTOBER 9, 2023

Photo courtesy East Coast Lightning Equipment Inc. In 2018 (latest data available), insurance companies paid nearly $1 billion in lightning-related claims to some 78,000 policy holders, according to the Lightning Protection Institute (LPI). It is no wonder lightning poses such a threat to property with potentially significant damages.

Insurance 62

Insurance Claims Commercial Electrical 62

Safety Services Company

FEBRUARY 19, 2020

IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Safety Services Company

FEBRUARY 18, 2020

How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Construction Marketing

MAY 19, 2021

As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Training your employees on safety measures and equipment. Before starting a construction project , you should train workers operating in medium and high-risk areas on safety measures and standards.

Construction 178

Construction Safety Guidelines Employment 178

Lets Build

JUNE 13, 2017

For that reason, you should always keep an extra eye out for your equipment. At the moment, the construction industry appears to bleed money due to construction equipment theft. The problem of construction equipment theft has two, equally important, aspects. Insufficient Protection of the Equipment. Recovery rate.

Site 165

Site Construction Equipment Security 165

Levelset

APRIL 1, 2022

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. Impact of construction site theft. Eventually. Slower payments.

Site 52

Site Cash Flow Insurance Construction 52

Construction Business Owner

APRIL 5, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. Green Construction & Construction Software » The Business of Construction Risk Management. If you stop to think about it, it’s clear that risk carries a dollar value. First, they understand risk.

Risk 120

Risk Insurance Construction Software 120

Levelset

SEPTEMBER 22, 2022

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . Electrocution. Manual material handling.

Safety 52

Safety Injury Risk Construction 52

Chianelli Estimating

NOVEMBER 8, 2021

Construction managers and developers can minimize the risk of failure by getting a cost estimate before committing to a hard bid for a construction project. Expenses after completion, including insurance, security and other fees. No two construction projects can be met using the exact same methods, equipment and materials.

Estimating 60

Estimating Bidding Construction Insurance 60

Levelset

AUGUST 16, 2022

However, larger projects come with greater risks and additional challenges. Large, multi-year projects are also more likely to face risks from potential economic changes, supply chain issues, and other unforeseen pressures that can threaten them. To grow a construction business, contractors often pursue larger projects.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. Never settle and take some measured risks.

Construction 195

Construction Software Software Accounting 195

Levelset

FEBRUARY 3, 2023

At Levelset, we understand the construction industry and the importance of cash flow security for specialty contractors. With longer payment terms, Materials Financing will empower you to use your cash to pay for necessities like payroll, utilities, equipment, and insurance instead of pouring it into upfront material costs.

Finance 52

Finance Cash Flow Materials Security 52

Construction Business Owner

FEBRUARY 23, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. Today’s Cloud Security. SOFTWARE |. MARKETING |. General Management.

Security 120

Security Construction Software Software 120

Construction Business Owner

MARCH 1, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. Turn Construction Data into Business Answers » Data Security in the Cloud. People I’ve talked to say it’s because they’re unsure of the security surrounding their business data. Your risk will decrease significantly.

Construction 120

Construction Cash Flow Security Software 120

Autodesk Construction Cloud

MARCH 1, 2022

Equip Your Staff with the Right Gear. Use Predictive Insights to Prevent Safety Risks. Missing information and data can create hazards on a jobsite, and strong documentation practices reduce this risk. As an added bonus, implementing certain technologies may also allow you to lower your insurance premiums.

Safety 98

Safety Construction Inspections Software 98

Construction Business Owner

AUGUST 19, 2011

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. SOFTWARE |. MARKETING |. General Management. Software & Technology. Accounting & Finance. Construction Law. Green Building.

Construction 120

Construction Software Software Accounting 120

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk 92

Risk Construction Schedule Contractors 92

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them?

Bidding 149

Bidding Construction Documentation Software 149

Pro Builder

SEPTEMBER 28, 2020

It has been reported that 41% of construction managers cite the effects of the pandemic on their workforce as one of the top three biggest concerns in 2020 … and leaders are thinking about how to create safe, healthy, and COVID-secure working environments while simultaneously driving team motivation. .

Safety 105

Safety Schedule Site Management 105

Carol Hagen

AUGUST 27, 2009

Putting a Fraud Risk Management Program in place is paramount to avoiding fraud. Recognize where fraud happens, use tools and technology to minimize the risk and get started yesterday. Your insurance agent may suggest you have all your accounting staff bonded to reduce the risk of hiring someone with past problems.

Inventory 100

Inventory Statistics Banking Risk 100

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks. SOFTWARE |. MARKETING |. Construction Law.

Construction 120

Construction Software Software Accounting 120

Building Information Management

OCTOBER 6, 2015

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). Home > Regulations > FARS > Section 5117.9001.

Contract 40

Contract Profitability Insurance Overhead 40

Construction Business Owner

MARCH 29, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Does the distance between the suspended ceiling and the beam allow enough clearance for the mechanical equipment?

Construction 120

Construction BIM Software Software 120

Building Information Management

JANUARY 14, 2013

Dedicated and focused security service leads to better overall security – compared with each organization having a part-time resource for security management. . Security improvements benefit all projects at the same time. . Simplifies , auditing and reporting.

BIM 55

BIM Security Life Cycle Environment 55

Construction Business Owner

APRIL 12, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. « The Business of Construction Risk Management. SOFTWARE |. MARKETING |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

FEBRUARY 9, 2012

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. Current software providers can jump on the bandwagon, or risk losing out to new developers, or perhaps even these specialty apps created by contractors. SOFTWARE |. MARKETING |. General Management. Software & Technology.

Software 120

Software Software Construction Accounting 120

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?

Risk 52

Risk Management Contractors Construction 52

Construction Business Owner

OCTOBER 10, 2011

INSURANCE |. EQUIPMENT |. Equipment Management. Equipment and Services Directory. SOFTWARE |. MARKETING |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Resource Center.

Construction 120

Construction Software Software Accounting 120

Building Information Management

JANUARY 14, 2013

The advent of Cloud Computing, combined with the cost to capture, store, and process information falling to near zero, is enabling new capabilities for secure, real-time collaboration. Security improvements benefit all projects at the same time. . The altered world landscape relative to the built environment is upon us all.

BIM 40

BIM Security Life Cycle Environment 40