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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Losses like this don’t occur frequently, but you must plan for the small chance that an event like this may happen. Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. Employment practices liability.

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How to Get Paid on Washington State Public Projects

Levelset

Due to this, general contractors on public construction projects have to secure a payment bond prior to the start of work. In the event of a payment dispute, contractors file claims against the payment bond instead of against the property itself. Download a Washington State Notice to Contractor form.

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From Zero to Hero: Construction Risk Management

Safety Services Company

From financial difficulties to fatal accidents, construction risk management is integral in order to secure a company’s survival and eventual growth. Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid. Most construction projects begin with signing a contract.

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From Zero to Hero: Construction Risk Management

Safety Services Company

From financial difficulties to fatal accidents, risk management is integral in order to secure a company’s survival and eventual growth. . Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid. Ever-present risks can delay or completely derail investments.

Risk 62
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Job Order Contract Program Implementation

Job Order Contracting

Separate coefficients may be require for work during normal hours, or after hours, and or for specific types of buildings and/or for secure areas. Security Consideration. If the contractor’s contractual responsibilities require the use of secured areas, discuss how adequate security will be established, maintained, and monitored.

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How to Get Paid on Oregon Public Projects

Levelset

Instead, general contractors on public construction projects have to secure a payment bond for the project prior to the beginning of work. In the event of a payment dispute, contractors file claims against the payment bond instead of against the property itself. Oregon retainage laws. Oregon prompt payment laws.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. focused on mobile, security and business operations software). NJEDA previously invested in four Edison Partners funds. Andrew Cuomo.

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