Remove Bankruptcy Remove Insurance Remove Liability
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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. What is completed operations insurance? not in progress).

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Construction Estimating

Chianelli Estimating

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.

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Estimating- The New Normal

Chianelli Estimating

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. Insurances; Workers compensation, General Liability, Risk. Increased time to complete projects. Legal expense.

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. 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. Unlimited liability for designers and contractors. Copyright Notice.

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State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project. The minimum tax is $100.

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Seventh Circuit examines "pay-if-paid" provision

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. The court held that it did not -- that the surety's liability is no greater than that of its principal. Copyright Notice. Disclaimer.

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constructionattorneyblog: New York court holds that contractor.

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company.   Chapeau filed bankruptcy. Unlimited liability for designers and contractors. Goodman has also worked on appeals and appeared before appellate courts. Copyright Notice. Copyright 2005-2012 Sabo & Zahn, all rights reserved. Disclaimer. Subscribe to this blogs feed.