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Prevailing Wage Essentials

Construction Business Owner

Understanding prevailing wage is crucial because it ensures fair compensation for workers, maintains a level playing field among contractors and promotes the quality and safety standards essential for the construction industry's integrity and sustainability. Deltek ComputerEase serves over 6,000 contractors.

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How to Prepare for Unexpected Risk Exposure

Construction Business Owner

Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most common types of insurance purchased by contractors. How to Prepare for Unexpected Risk Exposure. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356
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Creating a JOC Coefficient?

Job Order Contracting

Equipment. Workmen’s compensations insurance. Incidental tools and equipment. Note: Quality, locally researched unit price books will already include social security contributions, general insurances, workmen’s compensations insurance, state unemployment insurance, and federal unemployment insurance.

Insurance 264
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Construction Cost Data Information

Job Order Contracting

As a result, users of national average price books generally attempt to compensate by attempting to add extra hours to the work to be performed. Unfortunately, alternative methods of compensating for a national average cost book include inflate quantities and/or to adding unnecessary activities.

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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

There are all sorts of equipment and materials needed to start a roofing and guttering business. Roofing equipment and materials. Insurance, liability, and workers’ compensation . 3) Equipment and materials. Roofing and guttering equipment and materials need to be acquired before you can start your business.

Insurance 296
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How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

This defense is often used in cases where the worker was not provided with proper safety equipment or where the worker did not follow safety protocols. Workers’ compensation This defense says you are not entitled to sue for damages because workers’ compensation insurance covers you.

Injury 276
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Common construction cost estimating problems

Job Order Contracting

Labor Cost Miscalculations: Failing to account for factors like overtime, labor productivity, and prevailing wage rates, significant variations if workers compensations, can result in inaccurate labor cost estimations. Locally researched costs for labor, material, and equipment. Cost, and VFA, Inc.