Building Radar

NOVEMBER 18, 2024

The burden rate refers to the additional costs associated with labor beyond the basic hourly wage. These include expenses like payroll taxes, benefits, insurance, and other indirect costs understanding labor burden. What is Burden Rate in Construction?

Construction 52

Construction Insurance Profitability Bidding 52

Viewpoint Construction Technology

NOVEMBER 28, 2012

Depreciation, interest, licenses, insurance, and so on. Again, the interested reader may refer to the links below for a detailed explanation, but the graph in figure 1 shows a typical rate of ownership cost graph. Immediately after buying a brand new machine, a number of continuing costs of ownership kick in.

Equipment 207

Equipment Management IDEA Virginia 207

HardHatChat

OCTOBER 31, 2017

One reminder we always give clients is that if damage to a commercial facility is significant enough to make an insurance claim, they should always have their insurance company come out to document the damage before making any repairs.

Commercial 207

Commercial Plans Puerto Rico Florida 207

Construction Marketing

MARCH 18, 2021

While plumbing is mostly associated with water-related functions, this is certainly not all that it refers to. It’s also best to work with a licensed and insured plumber so that the work is guaranteed high-quality and safe. The most important part of any household or commercial structure is its plumbing system.

Insurance 273

Insurance Budget Budgeting Commercial 273

Levelset

SEPTEMBER 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. While it may sound unusual, adding additional insureds is common and extends benefits both to you as a policyholder – and the party being named on the policy.

Insurance 52

Insurance Liability Construction Contract 52

Construction Marketing

FEBRUARY 17, 2022

Your lender may also need a prepaid homeowners insurance policy, including the builder’s risk coverage, to ensure you’re financially protected should anything go wrong during the construction process. Refer to this article for all you need to know before taking a construction loan. How to choose a construction loan lender.

Construction 283

Construction Budget Budgeting Drawings 283

Viewpoint Construction Technology

SEPTEMBER 6, 2017

The project information model refers to the design and construction stage. It focuses on professional indemnity insurance issues. Clash rendition refers to a BIM specifically created to avoid clashes in spatial planning and coordination. BIM Execution Plan. CIC BIM Protocol. Clash Rendition. Common Data Environment (CDE).

BIM 189

BIM Life Cycle Viewpoint Modeling 189

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Injury 52

Lets Build

JUNE 29, 2017

Ask Around: So the first thing you would want to do is ask your friends and neighbors for references, as well as find out whether there are subs working in your neighborhood on a project. So for instance, if you’re looking for a tile installer, you can ask a tile retailer for references. Do you have insurance?

Construction 163

Construction Contractors Contract Change Orders 163

Carol Hagen

JULY 27, 2010

Insurance Agents. The Service Provider Directory allows you to quickly discover, research, and reference check service providers in your network, in your circle of 2nd connections or the world. Career Coaches. Chiropractors. Commercial Real Estate Agents. Consultants. Event Planners. Family Physicians. Financial Planners. Optometrists.

Travel 135

Travel Insurance Engineering Consulting 135

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. In his commencement speech to Stanford University graduates in 2005, he references The Whole Earth Catalog from the mid-1970’s: On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. STRATEGY |. MANAGEMENT |.

Construction 195

Construction Software Software Accounting 195

Construction Marketing

JULY 30, 2019

Since plumbing problems are prevalent in almost every home, your buddies and relatives should be able to refer you to a plumbing contractor that they trust. Consider Insurance and License. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job.

Contractors 120

Contractors Insurance Compensation Liability 120

NH Construction Law

JULY 26, 2020

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” When the subcontractor installed the expansion joints in the steam boiler and related piping backwards, the heating system got damaged.

Insurance 40

Insurance Liability Accidents Michigan 40

Construction Law

FEBRUARY 3, 2025

Insurance Insuring Collateral Warranties In this examination of collateral warranty related insurance our insurance expert John D Wright of JD Risk Associates explains issues arising from the extended limitation periods applicable under the Building Safety Act.

Construction 40

Construction Insurance Risk Safety 40

Construction Cost Estimating

JULY 1, 2014

Some refer to these risks as "known-unknowns" because the estimator is aware of them, and based on past experience, can even estimate their probable costs. The estimated costs of the known-unknowns is referred to by cost estimators as cost contingency. RSMeans refers to this as, "Price the quantities."

Estimating 45

Estimating Construction Products Overhead 45

Construction Lawyer

APRIL 20, 2006

All references to "Sabo & Zahn" refer to Sabo & Zahn LLC. CGL policy -- conflict of interest between builder and insurer. In the recent Illinois opinion in American Family Mutual Insurance v. April 20, 2006 in insurance , litigation | Permalink. Copyright Notice. Disclaimer. McNaughton Builders , 843 N.E.2d

Insurance 40

Insurance Illinois AIA Chicago 40

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 40

Insurance Contractors Liability Accidents 40

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them? STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |.

Bidding 149

Bidding Construction Documentation Software 149

Contractor Connection

OCTOBER 11, 2023

In today’s ever-evolving insurance landscape, the importance of swift and efficient claim resolution cannot be overstated. Let’s embark on a thorough exploration of how Contractor Connection partners with the insurance industry, delivering a holistic, efficient, and dependable claim journey.

Insurance 40

Insurance Contractors Industrial Claims 40

Safety Services Company

OCTOBER 16, 2023

The Importance of Prequalification and Contractor Management Prequalification refers to the process of assessing and evaluating potential contractors or subcontractors before awarding them a project. You must upload 3 years of OSHA logs, Insurance (COI & EMR), and Safety programs (RAVS®).

Management 123

Management Contractors Safety OSHA 123

Viewpoint Construction Technology

NOVEMBER 28, 2012

Depreciation, interest, licenses, insurance, and so on. Again, the interested reader may refer to the links below for a detailed explanation, but the graph in figure 1 shows a typical rate of ownership cost graph. Immediately after buying a brand new machine, a number of continuing costs of ownership kick in.

Equipment 130

Equipment Management IDEA Virginia 130

Julian Construction

SEPTEMBER 17, 2012

Outlines Policy Of 100% Quality Insurance. Listed below are links to weblogs that reference Julian Construction Inc. Outlines Policy Of 100% Quality Insurance : Comments. « Construction Company Warns, Major DIY Home Projects Risky | Main. Simple Steps For Preventing Foundation Damage In A Home » 09/17/2012.

Insurance 40

Insurance Los Angeles Foundation Construction 40

Construction Business Owner

SEPTEMBER 30, 2011

INSURANCE |. If you make multiple copies of every invoice coming into your office, you know what I’m referring to. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction 120

Construction iPad Software Software 120

Construction Business Owner

MARCH 15, 2012

INSURANCE |. Although this phrase refers to architecture, it still has a place in software architecture. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 24, 2012

INSURANCE |. For those not familiar, a silo in business terminology refers to a part of a business operation that works in isolation from other parts of the business. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.

Construction 120

Construction Software Software Iowa 120

Safety Services Company

DECEMBER 1, 2020

Experience Modification Rate or EMR is the number used by insurance companies to measure the cost of injuries in the past and the predication of future accidents or risk of a company. The lower the EMR of a business, the lower their worker compensation insurance premiums will be. Download OSHA 300 Quick Reference Guide.

OSHA 62

OSHA Accidents Injury Compensation 62

Construction Cost Estimating

AUGUST 7, 2020

Contact inclinations Before you sign any agreement, consistently approach the contractor for a rundown of references, and afterward contact those references to become familiar with the contractor and their activity. Utilize this data to assist you with settling on your ultimate conclusion.

Concrete 52

Concrete Contractors Insurance Agreement 52

Construction Law Monitor

APRIL 4, 2011

Once you have found a licensed contractor who checks out with the BBB or another consumer protection group, ask for: –A list of references, particularly of projects similar to yours and make sure to call the references to check them. –Lists of subcontractors and suppliers and verify that they pay their debts on time.

Contractors 53

Contractors Residential Insurance Louisiana 53

Constructonomics

JANUARY 21, 2010

I worked for a competitor of PCL in Colorado for a few years, and while our nickname for them was “Pour now Chip Later”, I think this derogatory reference was just a result of resentment for their strong presence throughout Colorado. Denver based PCL Construction Enterprises led the construction industry field at number 31.

Construction 100

Construction Colorado Denver Insurance 100

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. An installation floater is a form of insurance coverage that protects the value of building materials that will become a permanent part of a commercial or residential structure. Who needs installation floater insurance?

Insurance 52

Insurance Liability Risk Materials 52

Fieldwire

JANUARY 25, 2022

On the other hand, active acceptance of risks refers to the opposite. These are the ones that can be considered as being acceptable, but strategies have to be written down, with time or monetary contingencies, such as a general contractor insurance policy , set aside to deal with the risks when they occur. Key Takeaways.

Risk 59

Risk Plans Insurance Construction 59

DebunkTheBIM

AUGUST 9, 2011

Interesting, how over the last 6 months I stopped referring to the above figures as such and am more inclined to think of them as BIM cowboys. Even as I am writing this down, it just does not sound right; I am not talking about little old ladies cheated out of their lifesavings by shoddy insurance-sellers.

BIM 48

BIM Insurance Employment Industrial 48

Construction Cost Estimating

JULY 1, 2013

It is the standard set of practices and processes useful guidance focusing on "how to" reference manual on the practice of estimating construction projects. estimating reference construction estimating manual construction estimating practices estimating standard'

ASPE 45

ASPE Estimating Bidding CSI 45

Job Order Contracting

JUNE 14, 2019

The principal contractor (also referred to as the prime or general contractor) is responsible for the full compliance of all employers (the contractor, subcontractors and any lower-tier subcontractors) with the labor standards provisions applicable to the project. RESPONSIBILITY OF THE PRINCIPAL CONTRACTOR. give up) any of their earnings.

Construction 100

Construction Employment Contract Regulation 100

Construction Lawyer

APRIL 20, 2006

All references to "Sabo & Zahn" refer to Sabo & Zahn LLC. CGL policy -- conflict of interest between builder and insurer » April 20, 2006. Great American Insurance on April 11, 2006 (14-02-00860-CV). April 20, 2006 in insurance , litigation | Permalink. Copyright Notice. Disclaimer. New Lennar Opinion issued.

Illinois 40

Illinois Insurance AIA Chicago 40

Construction Cost Estimating

JULY 14, 2014

It refers as the initial point-of-contact connecting the owner and contractor. All the taxes, bond premiums and insurance under "Work Scope and Details are also included in the form. The contractor proposal bid form is used by a contractor to provide a construction proposal.

Bidding 45

Bidding Contractors Overhead Materials 45

DebunkTheBIM

SEPTEMBER 17, 2011

You are free to pull the model apart, reference it back to the drawings we issued. Guided by the wise words of his insurers, that advise designers not to get involved in means, methods, safety, sequencing and anything to do with releasing digital models to anyone, he is confident and calm, whereas my frustration is steadily building up.

Modeling 48

Modeling Injury Insurance Drawings 48