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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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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.

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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? Thus the liability of the company as surety is coextensive with that of the principal.” United States ex rel. 27, 29 (1959).

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. For example, assume you paint residential structures of all types.

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Lawsuit over First LEED Platinum Building is Over

Green Building Law Update

Permapost had a subcontract to apply pressure-treated PolyClear 2000 preservative to the Parallams. The case instructs there is no more liability arising from green building versus other construction, but that the liability is different. Clark Construction was the general contractor. And now you know the rest of the story.

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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. Most construction companies and project owners require NCCCO-certified operators for bidding and subcontracting.

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5 Signs Your Shopping Center Construction Contractor is Costing You Business

HardHatChat

Unfortunately, a landlord’s biggest liability in a commercial construction project can be an insensitive general contractor whose only concern is making his deadline and budget. Instead, landlords are focused on renovating shopping malls and remodeling office buildings to attract new tenants and entice existing tenants to renew their lease.