Chianelli Estimating

JANUARY 30, 2020

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. They do not have the burden of carrying costs like workmen’s compensation, general liability insurance, unemployment related costs, vacations or sick days, etc.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Chianelli Estimating

AUGUST 6, 2020

The tendency to adjust their bid estimating will inadvertently produce many business failures. One error may be the difference in bankruptcy or staying afloat. The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. Less opportunities.

Estimating 60

Estimating Residential Insurance Commercial 60

Construction Law Monitor

APRIL 15, 2015

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. Currently, the company that provided bonding to Truland, XL Specialty Insurance Co., Myth #5: Other Insurance Products Can Do the Job, Too.

Insurance 40

Insurance Bankruptcy Claims Contract 40

Contractor Bookkeeping

JUNE 11, 2013

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. It is used to M.A.P. Most bookkeepers can provide the Five Key Performance Reports with some degree of accuracy.

Accounting 49

Accounting Bankruptcy Profitability Contractors 49

BD+C

OCTOBER 7, 2024

Once a repair design was prepared based on the findings of the initial investigations, the project was let to bid with qualified contractors and one general contractor was carefully chosen based on experience, subcontractor team members, detail orientation evident in the bid, construction schedule, and price.

Insurance 52

Insurance Legal Documentation Claims 52

Construction Law Monitor

APRIL 15, 2015

However, the contractor needs to pay the bond premium after she actually wins the bid. A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. Currently, the company that provided bonding to Truland, XL Specialty Insurance Co., Myth #5: Other Insurance Products Can Do the Job, Too.

Insurance 40

Insurance Bankruptcy Contract Contractors 40

Levelset

JULY 19, 2022

Start right by registering, licensing, and insuring your business. Get the proper license and insurance according to your state’s requirements. Once your business is registered, licensed, insured, and financially prepared, you’re ready to start thinking about how to grow your business from the ground up.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52