Remove Insurance Remove Legal Remove Profitability Remove Regulation
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What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance, and fringe benefits. All costs associated with bonding (specifically including bond premiums).

Overhead 100
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Regulations (or none) and construction marketing: Looking beneath the surface

Construction Marketing Ideas

Should someone I know well (an 18-year-old) sign a legal waiver document before going to work on a residential renovation site? The individual here is young adult and legally can make his own decisions. I told him, however, that he should not sign any legal waivers here. Anyone who says this is easy has blinders on their eyes.

professionals

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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance and fringe benefits.

Contract 100
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Top OSHA Violations in Construction (2021)

Levelset

Along with other construction laws , OSHA regulations seek to protect everyone working in the construction industry. While those two standards are the most commonly cited on construction jobsites, OSHA can issue a citation for a violation of any of its full list of regulations. Workers’ compensation insurance. Compliance cost.

OSHA 52
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry.

Risk 120
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Estimating- The New Normal

Chianelli Estimating

The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. General Condition costs along with indirect costs tend to be much smaller but they are still a reality of doing business and a real profit killer; particularly when not accounted for.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Compliance/Regulations. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

Cash Flow 120