Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

NH Construction Law

NOVEMBER 30, 2020

An arbitration agreement is the quintessential “waiver of the right to bring a civil action,” and when contained in a signed subcontract it will necessarily be executed before labor or materials are furnished. The surety, Federal Insurance Company, acknowledged “that its liability is coextensive with Consigli’s.

Claims 40

Claims Subcontracting United States Contract 40

NH Construction Law

MAY 28, 2018

Before subcontracting any significant portion of a long term job to someone who isn’t known to be financially solvent, the wise general will ask for proof that the sub can carry the strain of weekly payroll through a monthly requisition procedure, with retainage. But hey, who ever said that general contracting was risk-free?

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Levelset

JUNE 29, 2022

This standard ( 1926.100 ) requires all employees to wear head protection anytime there is a risk of head injury from “impact, or from falling or flying objects, or from electrical shock and burns.” If you haven’t guessed by now, OSHA inspectors pay close attention when employees are at risk of falling. Workers’ compensation insurance.

OSHA 52

OSHA Inspections Construction Safety 52

NH Construction Law

AUGUST 21, 2022

In Arch Insurance Co. Wrongful termination will not only be a breach of contract giving the principal a claim for damages against the obligee, but it will forfeit the protection of the bond. Conversely, not terminating also forgoes the protection of the bond – if termination is an enforceable condition of the surety’s liability.

Liability 40

Liability Contract AIA Contractors 40

Construction Marketing Ideas

MARCH 11, 2016

McNamara of Pillsbury Winthrop Shaw Pittman LLP , who discusses the distinctions between Subcontractor Default Insurance (SDI) and bonding and takes aim at a surety provider arguing against SDI. My nearly two decades as a lawyer have taught me that surety bonds are really only protection against one risk: Subcontractor bankruptcy.

Legal 48

Legal Consulting Subcontracting Industrial 48

Construction Business Owner

APRIL 30, 2013

For some construction management firms, subcontractor default insurance policies offer a viable alternative to performance bonds. These policies are designed for the “at risk” construction manager (CM), general building contractor and design-build firm with an annual subcontract volume of $75 million or more.

Insurance 185

Insurance Subcontracting Procurement Risk 185

Construction Lawyer

JULY 20, 2012

In other words, you use the stuff we post here at your own risk. The question became whether the general or the subcontractor would bear the risk of loss. Although we believe the information is accurate, we do not warrant the accuracy of this information and we do not intend that you rely on this information. Fidelity , 679 F.3d

Illinois 40

Illinois Subcontracting Liability AIA 40

Construction Law Monitor

NOVEMBER 2, 2011

Commonly litigated subcontract provisions. Very important risk-shifiting devices – can determine a win or loss regarding a claim. Insurance can be purchased by prime or sub to cover the indemnity obligation. Found in various places within a prime/sub contract. Indemnity Clauses.

Contract 56

Contract Change Orders Lien Contractors 56

Construction Cost Estimating

FEBRUARY 8, 2012

The software also makes the electrical contractors bidding process faster as it can easily find out labor costs, material costs, equipment and subcontract expense precisely equal to the particular system to appear at a bidding amount and make faster electrical pricing and estimating calculation of the job cost. ► 2011. (78).

Electrical 45

Electrical Estimating Software Software 45

Construction Lawyer

APRIL 3, 2012

In other words, you use the stuff we post here at your own risk. April 2, 2012), dismissed an action by a subcontractor against the general because there was an agreement to arbitrate in the subcontract. The Subcontract incorporated the terms and conditions of the Prime Contract by reference. Add me to your TypePad People list.

Claims 40

Claims Agreement Illinois Subcontracting 40

Pro Builder

AUGUST 5, 2022

Cannabis and the Jobsite: Keeping Your Risk to a Minimum. 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. There’s a gap in the management of risk and safety in construction,” he says.

Safety 72

Safety Resource Injury Construction 72

Construction Lawyer

MAY 2, 2012

In other words, you use the stuff we post here at your own risk. provided that if arbitration is provided for in the "Contract Documents," Mortenson "in its sole discretion" may demand arbitration of any dispute under the subcontract. The The laws of each state are different and each situation is unique.

Contract 40

Contract Illinois Legal Construction 40

Contractor Bookkeeping

MAY 15, 2013

At networking events contractors have asked me about the risks of someone working in an undisclosed location handling their construction bookkeeping records. This is my opinion from reviewing resume''s and offers to subcontract from "Virtual Bookkeepers" on a regular basis. Virtual Bookkeepers.

Contractors 49

Contractors Accounting Office Documentation 49

Autodesk Construction Cloud

AUGUST 12, 2021

This includes tracking revenue, job costing, payroll, and managing several contracts and project risks simultaneously. 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.

Accounting 52

Accounting Software Software FASB 52

Rory Woolsey

MAY 31, 2012

Just the bare labor component includes adders such as fringe benefits, unemployment insurances (federal and state), social security taxes, public liability costs, and builders risk insurance. With general contractors subcontracting the bulk of their projects this is a reasonable place to start the marking up.

Estimating 40

Estimating Overhead Profitability Construction 40

Construction Cost Estimating

FEBRUARY 18, 2012

The software is designated for thousands of building professionals ranging from Architects, General Contractors, Design Build Firms, Sub-Contractors, Estimating Firms, Appraisers, Engineering Firms, Valuation Companies, Insurance Companies, Consulting, Government Agencies, and Universities. Seminar on construction project risk and control.

Estimating 45

Estimating Software Software CBD Estimating 45

Construction Lawyer

DECEMBER 28, 2007

In other words, you use the stuff we post here at your own risk. When Hansen terminated the subcontract, the distribution right was affected and SIB sued Hansen. Although we believe the information is accurate, we do not warrant the accuracy of this information and we do not intend that you rely on this information. Categories.

Agreement 40

Agreement Illinois AIA Chicago 40

Construction Lawyer

MAY 21, 2009

In other words, you use the stuff we post here at your own risk. The owner had hired a general contractor who, in turn, had subcontracted some of the work. Although we believe the information is accurate, we do not warrant the accuracy of this information and we do not intend that you rely on this information. University of St.

Lien 40

Lien Illinois AIA Chicago 40

Buisness Facilities Contributed Content

APRIL 15, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The second mortgage, long-term, fixed-rate financing allows banks to participate in business expansion by reducing risk exposure.

Income 75

Income Finance Zoning Equipment 75

Building Information Management

JULY 27, 2016

00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 24 Subcontract Form – Construction Manager as Agent or Adviser – Stipulated. 00 52 54 Subcontract Form – Design/Build – Stipulated Sum.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 52 17 Subcontract Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 52 24 Subcontract Form – Construction Manager as Agent or Adviser – Stipulated. 00 52 54 Subcontract Form – Design/Build – Stipulated Sum.

Equipment 40

Equipment Construction Schedule Concrete 40