Remove Insurance Remove Liability Remove Subcontracting
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Construction Cost Optimization

Job Order Contracting

Labor Based upon contract requirements, local labor costs may be sourced from published Davis Bacon Wage Rates, or published state data sources, or directly researched local prevailing wage rates with appropriate inclusion markups for worker compensation, unemployment, liability insurance and allowance for small tools and consumables.

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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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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

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#137:  Liability for Negligent Selection of Subcontractors

NH Construction Law

Subcontracting to someone with scant experience but who “talks a good game” likely won’t cut it. Naturally any GC will insist that its subs carry liability insurance to cover any damages resulting from its negligence, and will have its own insurance as well. But that’s no reason to press your luck.

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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond? citations omitted] By its terms the bond insured the faithful performance of the contract. United States ex rel. Renaud , 102 N.H.

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#116:  Termination as a Condition of Performance Bond Liability

NH Construction Law

Conversely, not terminating also forgoes the protection of the bond – if termination is an enforceable condition of the surety’s liability. In Arch Insurance Co. Graphic Builders LLC , 36 F.4th 4th 12 (1st Cir. Graphic Builders LLC , 36 F.4th 4th 12 (1st Cir. million,” id. and for final payment (see § 9.10.2).

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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. Liability insurance based upon local contractor rates is also added as a percentage. In addition, highly specialized subcontract items may require travel and per-diem expenses for mechanics. Material costs are either.