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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

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A journey through masonry reclad litigation

BD+C

The original contract documents for construction, design, and construction administration provided contractual notice requirements, forum requirements whether trial or arbitration, choice of law which is this case was Texas law, applicable standards of care for the general contractor and architect, and insurance policy coverage amounts.

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Job Costing Accounting Vs. Regular Accounting

Contractor Bookkeeping

Knowing which markets to serve, when to hire more people, when and how to acquire loans, lines of credit, bonds, performance bonds, insurance cost savings, business planning and your overall construction company business strategy. Equipment auctions and listen to contractors explain why the bank repossessed everything.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. . | New York allows contractual indemnification » September 22, 2005. Waivers of liens: fraud. Add me to your TypePad People list.

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What Your Business Credit Report Tells Lenders

Pro Builder

Your business credit report also provides necessary information about your company, such as your business background, ownership and subsidiaries, financial information, any bankruptcies, risk scores, and banking, trade, and collection history. Lessons Learned From Previous Housing Market Disruptions.

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State by State Incentives Guide

Buisness Facilities Contributed Content

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.

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Home Builder Success and the Fragility of Good Things

Pro Builder

That’s true in the most basic sense, although your spouse, your boss, and especially your insurance company may disagree if you leave the bird in a heap of smoldering wreckage. . But the one most steeped in irony is, “Any landing you walk away from is a good one.” Advertisement. . So, what makes a truly good and successful flight?