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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

While general contractors commonly use performance bonds to reduce the risk of default, a bond ultimately protects the property owner, not the GC. Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults.

professionals

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From Zero to Hero: Construction Risk Management

Safety Services Company

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.

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From Zero to Hero: Construction Risk Management

Safety Services Company

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.

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Virtual Bookkeeper Vs. Outsourced Contractor Bookkeeping Services

Contractor Bookkeeping

At networking events contractors have asked me about the risks of someone working in an undisclosed location handling their construction bookkeeping records. This is my opinion from reviewing resume''s and offers to subcontract from "Virtual Bookkeepers" on a regular basis. Virtual Bookkeepers.

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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Cannabis and the Jobsite: Keeping Your Risk to a Minimum. Scott Smith, corporate director of safety management services for Selective Insurance Group , a holding company for 10 property and casualty insurers, sees it more simply. There’s a gap in the management of risk and safety in construction,” he says.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000.

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