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.
Federal Construction Contracting Blog
AUGUST 30, 2021
The SBA made numerous changes to its regulations in the past year, but the FAR Council has largely failed to keep pace. For example, one of the rules makes noteworthy changes to the FAR’s Limitations on Subcontracting, resulting in a more friendly regulatory landscape for small business prime contractors.
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Levelset
JUNE 29, 2022
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.
Autodesk Construction Cloud
AUGUST 12, 2021
This information is then communicated to owners, investors, creditors, and regulators. Overhead costs can fluctuate month to month based on workers’ compensation, subcontractors, insurance, training, and more. Don’t forget to include insurance, worker’s compensation, and taxes into the figure. Subcontracts.
Pro Builder
AUGUST 5, 2022
Scott Smith, corporate director of safety management services for Selective Insurance Group , a holding company for 10 property and casualty insurers, sees it more simply. Scott Smith, Selective Insurance Group. Patricia Urtecho, a senior risk management consultant with Builders Mutual Insurance Co.
Construction Business Owner
JANUARY 26, 2012
INSURANCE |. Compliance/Regulations. Once you pull up a job screen, you’ll instantly see all of the links related to that particular screen, such as vendors, subcontracts, and cost projections. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.
Construction Law Monitor
AUGUST 24, 2012
In a perfect world, general contract presents the subcontract document to the subcontractor, and that sub has its lawyer review the contract to see if the terms can be negotiated so that its a fair document for all involved. The legislature here is essentially trying to protect the subcontractor from itself.
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