Joint Ventures…What Did I Agree To?
While joint ventures can be a good way to pursue a project, consider the risks.
Risk Management
What Discount Rate to Use Under ASC 842 to Calculate Your Lease Liability
The new leasing standard, Accounting Standards Codification Topic 842, could have a profound impact on a contractor’s financial statements and ratios.
Crisis Management in Construction
A well-thought-out crisis management plan helps contractors to manage disasters and unplanned events.
Tips for Planning Construction Projects Around Severe Weather
Maintaining a project’s schedule and safety of operations are some of the main concerns for contractors. Here are some tips and best practices from leaders in the industry for maintaining safe, timely operations regardless of the weather.
Common Law Indemnity: Indemnification Outside of the Contract
While indemnity is generally contractual, it may also be available outside of the contract in "common law indemnity."
Commercial Auto Insurance in Action: How It Protects a Business
Commercial auto insurance protects contractors from a variety of factors. Review the coverage here.
The Mystery of First Time Bonding: What Does It Take?
Obtaining a surety bond for the first time is easier than one might think, similar to applying for a loan. The right CPA and surety bond agent can help contractors navigate the process.
What COVID-19 Taught Construction Companies About Insurance
One lesson learned from COVID-19 is that the construction industry needs to be aware of what is in their insurance programs, and to think critically about those programs instead of renewing reflexively.
