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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

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Davis-Bacon Wage Rates and Construction

Job Order Contracting

NOTE: The following is provided for awareness purposes only and is not, nor it it intended to be any form of legal advice or service. Fringe benefits Fringe benefits can include health insurance premiums, retirement contributions, life insurance, vacation and other paid leave as well as some contributions to training funds.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 9) Legality and Taxes. 12) Licenses and permits. Protect your business by securing permits and licenses. 13) Business insurance. 13) Business insurance.

Insurance 296
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Green Building Data Risk as an Opportunity

Green Building Law Update

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. establish requirements for a business after a data breach.

Green 120
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4 tips to optimize hotel construction costs

The Korte Company

They include: Construction permit fees payable to the applicable jurisdiction. Legal fees associated with property acquisition and any other proceedings related to construction. Construction project insurance premiums. At worst, your project could be legally halted. Survey costs and engineering fees. Architectural design.

Finance 68
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International Arbitration Experts Discuss The Impact On The Global Economy

Constructlaw

According to another, in the United States, there are pre­sently more than 1,250 pandemic insurance litigations. Many insureds, both in the United States and around the world, have policies which contain domestic or interna­tional arbitration provisions. The latter provide for arbi­tration in Bermuda, London, or elsewhere.

Claims 40
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Unlicensed Contractors Cannot Sue For Payment And May Lose Even More

Contractor Bookkeeping

The little round table at the neighborhood bar with a pitcher of beer and several contractors where stories are told about how much money can be saved by not being licensed, bonded, insured and hiring all employees as 1099 contractors. We are not attorneys and do not give legal advice so check with your attorney.