Levelset
MARCH 21, 2022
Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.
Levelset
APRIL 15, 2022
When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.
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Fieldwire
AUGUST 14, 2023
BLOG How to Streamline Construction Processes from Planning to Payments Learn more → In addition, the same contract has a provision for negotiating variable retainage. This makes it difficult for all subs and suppliers to plan their cash flow in advance, since a project’s completion date often turns into a moving deadline.
Wolgast Corporation
MAY 8, 2024
Phase II Detailed Design Once design elements are agreed upon, your architect finalizes the plans with the necessary detail to build the building. In the meantime, you’ll meet with your new project manager who’ll plan the schedule with you all while having your end date in mind.
Viewpoint Construction Technology
MAY 15, 2018
Insurance and bonding requirements. Lien requirements. Building codes , insurance requirements and bonding requirements can vary by location, though. Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Building codes. Credit and background checks.
Levelset
APRIL 1, 2022
Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. Impact of construction site theft. Eventually. How to prevent jobsite theft.
Construction Cost Estimating
NOVEMBER 25, 2014
Construction Forms for Excel include : Estimation Forms for Construction: Bid Plan Log, Time and Materials Log, Estimate Sheet, Job Estimate, Telephone Bid Sheet, Itemized Proposal, Job Cost Report, Take Off Estimate, Time and Materials Estimate, Request for Proposal Log, Overhead Calculation.
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