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

Levelset

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.

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

Construction Marketing

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan.

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Virtue signallers beware

Construction Law

Eventually government will have to get involved in producing methods of measuring emissions that can stand up to intense scrutiny – which is increasingly to be expected from worried project funders and insurance companies. Those projects failing to meet these criteria may struggle to access financing.

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What Your Business Credit Report Tells Lenders

Pro Builder

It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. Insurance companies will look for your business credit report as part of the underwriting process. What Is a Business Credit Score? Why Is Your Business Credit Report Important?

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New ConsensusDocs Revisions

Construction Dive

The ConsensusDocs Coalition recently announced the first set of new contract documents, part of a major update initiative to reflect ongoing industry trends towards collaboration and new project delivery and financing methods. Read more.

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Disasters Plus Coronavirus Complicate Recovery

Pro Builder

The confluence of two potential clusters of major disasters, at a time when the nation's economy is reeling from a coronavirus-fueled recession, means that the typical resources for recovery, from housing to insurance adjusters to people's personal finances, will be spread thin. CORONAVIRUS: RESOURCES AND INFORMATION.

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