Remove Agreement Remove Legal Remove Security
article thumbnail

15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

9) Legality and Taxes. Protect your business by securing permits and licenses. You can also hire a lawyer to help you out with other legal requirements such as service agreements. Overall, starting a roofing and guttering business requires a thorough business plan, legal steps, and marketing. Corporation .

Insurance 296
article thumbnail

What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

professionals

Sign Up for our Newsletter

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

article thumbnail

Contract Law in Construction Projects: Key Legal Considerations

Building Radar

Contract law is a fundamental aspect of construction projects, ensuring that all parties involved have clear, enforceable agreements. Understanding the key legal considerations in construction contracts can help prevent disputes, manage risks, and ensure successful project completion.

Legal 52
article thumbnail

Joint Check Agreements On Construction Projects: What Suppliers Need To Know

Construction Law Monitor

Joint check agreements are very popular in the construction industry. In fact, many folks mistakenly believe that joint check agreements are exclusively a construction industry instrument. Perhaps the joint check agreement is the most misunderstood and dangerous document you can confront on a construction project.

article thumbnail

Phases of Commercial Real Estate Development

Construction Marketing

This can be done through a purchase or lease agreement. You must secure financing for the project. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project. General Management.

Cash Flow 168
article thumbnail

How to Get Large Group Health Insurance Plans for Contractor Business Employees

Construction Marketing

While you are not legally obligated to offer health plans to these workers, you can still choose to. Instead, 1099 workers are paid based on your agreement with them. This also means that employers don’t have to withhold income taxes, pay unemployment taxes, or withhold and pay Medicare and Social Security taxes.

Insurance 156