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Additional Insured Endorsements & How They Work in Construction

Levelset

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The actual owner of land legally sets people by way of every power of attorney. Commencement Certificate.

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Insurance for HVAC Contractors: What It Covers and Why You Need It

Levelset

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

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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. Legal Documents. Business Plan.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

The Importance of Prequalification and Contractor Management Prequalification refers to the process of assessing and evaluating potential contractors or subcontractors before awarding them a project. Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work.

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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Process issues refer to anything that affects execution and delivery of a project. Technical and Legal and Compliance Issues. Sadly, technical, legal issues and compliance issues are the most serious of all construction disputes as these usually require intervention from arbitrators, regulatory agencies and legal experts.

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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.