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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

How to Prepare for Unexpected Risk Exposure. 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. Alex Headley. Mon, 09/20/2021 - 07:30.

Risk 356
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Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How

Pro Builder

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Thu, 11/10/2022 - 10:44. Jobsite Safety. Labor + Trade Relations. Jobsite Safety.

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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. Experienced Estimators: Utilizing estimators with relevant expertise and knowledge of the project type and local market.

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

Construction Marketing

These defenses include: Assumption of risk This defense says that you knew of the risks of working at a construction site and that you voluntarily assumed those risks. 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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Creating a JOC Coefficient?

Job Order Contracting

General / Prime Contractor Profit and risk. Workmen’s compensations insurance. 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.