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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Legal Documents. Business Plan. A business plan is vital for a number of reasons.

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You Should Not Contract With Your Environmental Consultant

Green Building Law Update

The recommendation here is that in an environment of strict liability hazardous substance laws, from CERCLA and its state counterparts to local lead based paint codes, attorneys should be contracting with those undertaking hazardous substance investigations and the like. And it may be much more than that.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. According to ASC 842-10-55-12, these leases “should be classified in accordance with the lease classification criteria applicable to all other leases on the basis of the legally enforceable terms and conditions of the lease.”

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Less than 20% of Green Building Contracts Properly Drafted

Green Building Law Update

It is of interest that 61% of the contracts used at least a part of an AIA Contract Document form although most were older out of date versions and significantly only 8% used a correct AIA Sustainable Project Contract Document form. Only 1% used the ConsensusDOCS Green Building Addendum.

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What Certifications Does A Crane Need To Operate On Construction Sites?

Construction Marketing

A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. These requirements encompass comprehensive training, evaluation, and documentation of skills and knowledge. Proper certification and training are crucial for preventing these accidents.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

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Construction Business Owner Blogs

Construction Business Owner

« Public Exposure and Liability on Construction Sites. Project Document Management : Your Communication Strategy. Because some very specific documents are created and used throughout the life of a typical construction project, these documents can serve as the center of your communications strategy.