Business Interruption Insurance in Construction: What Contractors Need to Know
Business Interruption Insurance in Construction: What Contractors Need to Know
As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. […]
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As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. […]
The post Business Interruption Insurance in Construction: What Contractors Need to Know appeared first on Levelset.
As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. […]
The post Business Interruption Insurance in Construction: What Contractors Need to Know appeared first on Levelset.
Construction Risk Management: What Contractors Should Know As a construction contractor, you likely contend with multiple risks each day. Every project on which you perform work is unique and likely involves both risks and potential benefits. To be more successful, you must understand how to identify and manage risks on construction projects to help avoid potentially detrimental issues. Effective risk management might also help you evaluate potential projects and determine when a project might i...
Construction Risk Management: What Contractors Should Know As a construction contractor, you likely contend with multiple risks each day. Every project on which you perform work is unique and likely involves both risks and potential benefits. To be more successful, you must understand how to identify and manage risks on construction projects to help avoid potentially detrimental issues. Effective risk management might also help you evaluate potential projects and determine when a project might i...
Two funding efforts in the $1.2 trillion Infrastructure Investment and Jobs Act want to push construction into the digital age. The Advanced Digital Construction Management Systems initiative and the Technology and Innovation Deployment Program will provide a total of $550 million to promote the use of construction tech on government funded jobs. While they are similar, there are key differences that contractors should know about. ADCMS vs. TIDP ADCMS and the TIDP are both managed by the F...
Two funding efforts in the $1.2 trillion Infrastructure Investment and Jobs Act want to push construction into the digital age. The Advanced Digital Construction Management Systems initiative and the Technology and Innovation Deployment Program will provide a total of $550 million to promote the use of construction tech on government funded jobs. While they are similar, there are key differences that contractors should know about. ADCMS vs. TIDP ADCMS and the TIDP are both managed by the F...
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. Damaged or stolen tools and equipment can erase a considerable investment, and bearing responsibility for damage to another person’s property can mean significant costs for an HVAC business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong ...
Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. Damaged or stolen tools and equipment can erase a considerable investment, and bearing responsibility for damage to another person’s property can mean significant costs for an HVAC business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong ...
The invasion of Ukraine has set off multiple crises. How should U.S. construction firms that work in Russia deal with these issues?
The invasion of Ukraine has set off multiple crises. How should U.S. construction firms that work in Russia deal with these issues?
When systems are not integrated, getting the right information to the right people at the right time is difficult and inefficient.
When systems are not integrated, getting the right information to the right people at the right time is difficult and inefficient.
The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. With the amount of money you invest in tools and equipment, it’s crucial to protect those assets no matter where you go. Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. Additional coverage on your mobile business property can be obtai...
The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. With the amount of money you invest in tools and equipment, it’s crucial to protect those assets no matter where you go. Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. Additional coverage on your mobile business property can be obtai...
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. Before you can get hired and begin work, you’ll need to prove to owners and/or general contractors (GC) that you […]
The post What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One? appeared first on Levelset.
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. Before you can get hired and begin work, you’ll need to prove to owners and/or general contractors (GC) that you […]
The post What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One? appeared first on Levelset.
Last Updated on June 3, 2022 by Admin In this article, we’ll take a look at the civil contractor meaning, the role civil contractors play in the construction business, and how they contribute to its success. The construction business is vital and responsible for developing and maintaining our infrastructure. Without civil contractors, the construction industry would grind to a halt. What is a civil contractor? A civil contractor is a professional who provides construction services for both pub...
Last Updated on June 3, 2022 by Admin In this article, we’ll take a look at the civil contractor meaning, the role civil contractors play in the construction business, and how they contribute to its success. The construction business is vital and responsible for developing and maintaining our infrastructure. Without civil contractors, the construction industry would grind to a halt. What is a civil contractor? A civil contractor is a professional who provides construction services for both pub...
In Pennsylvania, contractors working on residential projects need to be aware of the Pennsylvania Home Improvement Consumer Protection Act. This Act has a fair amount of rules and requirements that must be followed on home improvement projects, specifically when it comes to the terms of their contracts. Here’s a breakdown of the contract requirements for […]
The post Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know appeared first on Levelset.
In Pennsylvania, contractors working on residential projects need to be aware of the Pennsylvania Home Improvement Consumer Protection Act. This Act has a fair amount of rules and requirements that must be followed on home improvement projects, specifically when it comes to the terms of their contracts. Here’s a breakdown of the contract requirements for […]
The post Pennsylvania Home Improvement Consumer Protection Act: What Residential Contractors Need to Know appeared first on Levelset.