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4 Tips For Choosing The Right HVAC Contractor

Construction Marketing

Insurance: It’s also crucial to ask your prospective contractor if they carry insurance coverage that protects you from their misconduct, accidents, and agreement errors. . By doing this, you’ll know which one offers quality HVAC services at a reasonable price and select the best deal among the choices.

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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Insurance and bonding requirements. Wage and union payroll agreements. Building codes , insurance requirements and bonding requirements can vary by location, though. Building codes.

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Sparks agree 7% wage increase from 2024

Construction Enquirer

Electricians are set for a 7% wage rise from 2024 after a new pay deal was hammered out by electrical contractors and union Unite under the JIB collective agreement. The two-year deal for the industry also includes a 5% uptick in rates from 2025.

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Streamlining Commercial Property Claims Management with Commercial Managed Repair

Contractor Connection

In the simplest terms, a commercial MRP is a nationwide network of contractors specializing in managed insurance claim repairs, providing simplicity and strong accountability for all parties involved. This formal partnership also handles disputes over performance, such as work quality or timeliness, through clear contractual agreements.

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Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs.

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Construction Disputes: What You Need To Know

Lets Build

Disputes over insurance agreements can be, for example, one of those reasons. One of the project parties may feel that it’s entitled to some compensation while the insurance company, or whoever is responsible for that may have a different opinion. The reasons for a contract dispute may vary each time. Unforeseen Reasons.

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Construction Risk Management: What to do when your project goes wrong

Lets Build

Read below the main actions that you could take when dealing with risk in construction: Take no risk. Insurance is the most common method of risk relocation. A good alternative to that could be some private agreement with the rest of the project parties (eg. Refraining from a risky situation is always an option.

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