Understand Your Trailer GVWR (Gross Vehicle Weight Rating)
WEBNov 2, 2011 · While the GVWR is rated at 14,600 pounds, the GAWR or Gross Axle Weight Rating is still only 12,000 pounds and you cannot exceed that capacity rating. In this case, you still have to include the 2,600-pound trailer weight. That weight must be transferred to the tow vehicle, but that transfer is also limited by the hitch capacity.
How to Read Your Financials - Costs in excess of billings
WEBNov 2, 2011 · Working capital is defined as the total of "current assets" comprised of your cash, receivables, retainages, costs in excess of billings, work-in-progress, inventories and prepaid expenses minus your current liabilities. Your current liabilities are comprised of your lines of credit, principle payments of debt due within twelve months, accounts ...
A Contractor's Guide to OCIPs - Construction Business Owner …
WEBMay 24, 2012 · Mike Hastings is a national project risk practice leader within Marsh’s U.S. Construction Practice. Over the past 17 years, he has taken a lead role in developing and implementing Marsh’s consultative approach to construction project risk management, including risk identification, financial modeling, loss control and mitigation, insurance program design, and consulting services for company ...
Trimble Acquires B2W Software to Expand its Civil Construction
WEBThe addition of B2W’s comprehensive suite of pre-construction and operations capabilities will expand Trimble’s already extensive civil infrastructure portfolio and Trimble Construction One, a purpose-built connected construction management platform. B2W’s integrated suite of applications includes estimating, scheduling, field tracking, equipment maintenance, data capture and business ...
How the Additional Insured Clause Puts Contractors at Increased …
WEBNov 2, 2011 · The following risk management protocols are recommended: Update all subcontracts and purchase orders to reflect these changes in additional insured endorsements. Many endorsements "follow" the subcontract requirements. Additional insured coverage will "mirror" the contract. Be specific on what is required.
A Contractor's Guide to CCIP Insurance - Construction Business …
WEBJun 26, 2012 · Implementing a contractor controlled insurance program (CCIP) presents many potential benefits for general contractors, but CCIPs involve risks as well. Most programs include a deductible of $250,000, $500,000 or even higher per claim depending on the jurisdiction. Total deductible losses will typically be capped based on a fixed percentage of ...
The Era of the Digital Contractor - Construction Business Owner …
WEBDec 6, 2018 · One of these digital leaders is Sachse Construction—a premier commercial construction firm recognized as one of the most trusted and respected construction partners in North America. Founded in 1991 and headquartered in Detroit, Sachse Construction has built millions of square feet of projects spanning the retail, commercial, multifamily and ...
How to Draft a Construction Organization Chart
WEBFeb 24, 2012 · Use these headings across the top of your chart: Business Development. Operations. Finance. Administration. Management. Then, use a sticky note for each function required in your business. After brainstorming and completing this exercise, post these tasks beneath the headings in logical order.
Protect Your Jobsite with OSHA's Focus Four Hazards
WEBApr 12, 2021 · These are a few reasons construction fatalities hit a 12-year high in 2019, according to the Bureau of Labor Statistics. Yet more than half of all fatal injuries were related to just four hazards: falls, electrocutions, being struck by and getting caught in — or between — objects. You may recognize these as the Occupational Safety and ...
Understanding General Liability Insurance for Contractors
WEBDec 20, 2011 · The CGL policy provides coverage for liability arising from bodily injury, personal injury or damage to property of third parties. Some insurers have developed their own policy forms, but most subscribe to the standard ISO (Insurance Service Office) form. The most recent ISO edition for contractors is the CG 0001 1207.