article thumbnail

What Is an Installation Floater?

Levelset

” 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?

article thumbnail

All Prime Contractors on TDOT Projects Must Be Licensed

Best Practices Construction Law

Beginning for the August 3, 2012 letter, all prime contractors (except mowing and liter removal contractors) are required to be licensed with the Tennessee Department of Commerce and Insurance, Board for Licensing Contractors. Business License Requirements.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

PLEASE NOTE: In occasions where the contractor is asked to provide materials, equipment, and/or subcontract pricing for work by direct bidding that may, or. unloading of delivery trucks, checking deliveries and transportation to the work area. Insurance, fringe. The UPB costs should NOT include contractor overhead and profit.

Contract 100
article thumbnail

Patented Precast Shaves Costs on Korean Highway | ENR.

ENR Construction

Transportation. Freyssinet’s $30-million subcontract entails building the tunnel in an open trench. Since Owners are Demanding Designers Carry Higher Insurance Limits, Is a Split-Limit Approach Best? contact us. industry jobs. ENR Subscriber Login ». -->. -->. ENR subscriber login » -->. Environment. Building Types.

FAQ 46
article thumbnail

Q2 Construction Labor Costs $28.13/Hour

Job Order Contracting

Production responsibilities for establishments in this sector are usually specified in (1) contracts with the owners of construction projects (prime contracts) or (2) contracts with other construction establishments (subcontracts). Electrical and Electronics Installers and Repairers, Transportation Equipment. Workforce Statistics.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

HEALTHY FOREST ENTERPRISE INCENTIVES PROGRAM (HF): Provides incentives for certified businesses that are primarily engaged in harvesting, initial processing or transporting of qualifying forest products. Expand infrastructure connected with existing fleets, public transit and transportation corridors. persons.

Income 75