In an age where more and more contractors are making a foray into the realm of public contracting, we seem to see more confusion over what legal requirements the contractor must face. Today, I wanted to explore another legal dilemma – the public works bond. In the past, we have discussed repor[...]
Archive for the ‘Managing Risks’ Category
September 2nd, 2010 - 8:12 am § in Bond & Retainage Claims, Bonds & Surety, Managing Risks, Public Contracting
Public Contracting Bonds: Should They Cover Sales Tax?
August 27th, 2010 - 10:14 am § in Case Law, Construction Liability, Employment & Labor, Legislation & Law, Managing Risks, Workers Compensation
Are You a Contractor or Employee?: The Dreaded 1099 Dilemma
There has been a long standing rule that unregistered contractors cannot recover payment of contract sums for construction work. The theory is that a person or entity cannot actually perform construction work unless they are registered. If they cannot legally perform the work – they cannot leg[...]
Construction Monitoring Tech: Saving Your Company Money & Reducing Risk?
I came across some very interesting information on new construction job monitoring software that might be a good look for contractors. In the past, we discussed the emergence of construction monitoring software that can reduce your risks on the job site. Increased monitoring and data recording might[...]
August 18th, 2010 - 11:46 am § in Bonds & Surety, Collection, Construction Liability, Managing Risks
What You Should Know About a Washington Contractor’s Bond
In the days of financial hardship, its important to know how to collect your accounts from contractor debtors. Any debt, whether you are a supplier, subcontractor or simply a property owner, can be difficult to recoup. You should know that the State of Washington requires that each contractor post a[...]
Public Contracting Fears: Low Bids & High Risk
Some time ago, I wrote an article about the Washington DOT’s receipt of a number of curiously low bids to perform the work to replace the Seattle Viaduct. Of course, low bids are a worry game for public entities trying to stay on budget while meeting safety goals. But, they are also cause for [...]
