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Why Misclassified Payroll Matters

Construction Business Owner

For most businesses, workers’ compensation is the largest insurance expense line item. Being able to secure the lowest possible premium and reduce the impact of an audit will help you avoid the headaches many companies face in managing this insurance.

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Creating a JOC Coefficient?

Job Order Contracting

Social security contributions. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Payment Bond premium(s) (please note that Payment Bonds are required for task order. projects valued over $35K; 9. Mobilization and demobilization costs.

Insurance 264
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15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Protect your business by securing permits and licenses. 13) Business insurance. Start with General Liability Insurance and the Workers’ Compensation Insurance.

Insurance 296
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Objective, reliable, and veriable Construction Cost Estimates

Job Order Contracting

. #5 Understand Your Products, Material, and Labor Costs/Pricing Factors that impact local market costs: Availability and demand for a product. contact-form] The post Objective, reliable, and veriable Construction Cost Estimates appeared first on 4BT.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. A safe work environment is one of the most straight forward ways to decrease workers compensation expenses. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. “A safe work environment is one of the most straight forward ways to decrease workers compensation expenses.”

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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.