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What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. It also helps contractors manage cash flow during a loss. Project loss insurance coverage.

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Essential BIM Terminology

Viewpoint Construction Technology

The asset information model is a maintained information model used to manage, control, and operate a respective asset. AIM is required to support an organization’s asset management system. A BIM execution plan manages the status, timeline, delivery, and completion of a project. Project Information Model (PIM). CIC BIM Protocol.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

What little of it I have seen makes me very upset because I see the damage caused to contractors making management decisions on inaccurate reports. Chart of Accounts Insurance Health And Dental. Chart of Accounts Insurance Liability. Chart of Accounts Insurance Vehicles. Chart of Accounts Insurance Builders Risk.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. In addition to workers not getting paid because the timecards weren’t submitted on time, his projects’ work-in-progress reports were inaccurate. Better Project Management through Better Communication.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. Also make sure your project managers understand the contract language fully. So as work progresses, meet with your project managers regularly to make sure they’re comparing their actual costs to the bid cost amounts.

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Remodel Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

There is only one method that will help manage cash flow and save money on taxes. Work In Progress (WIP) Reporting. Insurance Audit Support Service. Business Processes Management. Access to Meeting Space 24/7/365 - For training, meeting clients and vendors and quiet work place. Sales Tax Returns.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Work-In-Progress For Land Developers. Chart of Accounts Work-In-Progress For Land Development Into Lots. Chart of Accounts Work-In-Progress For Spec Builders. Chart of Accounts Work-In-Progress For Spec Home Into Rentals. Chart of Accounts Insurance Builders Risk.