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What contractors need to know before going after public projects

Apr 22, 2021 (0) comment , , , ,

President Joe Biden recently announced a $2.3 trillion U.S. infrastructure spending proposal, the American Jobs Plan, that promises billions of dollars in construction contracts to companies across the country who are trying to determine what a post-COVID-19 economy will look like. The plan calls for $621 billion for transportation infrastructure and $689 billion for buildings […]

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7 Business Takeaways You Can Learn From Monopoly

Apr 16, 2021 (0) comment , , , , ,

These seven lessons draw parallels between casual game play and real world business strategies. Monopoly is a generational classic that has brought families together for nearly a century. Although the board game makes for great recreational fun, playing Monopoly also has lessons for entrepreneurs and business leaders if they pay close attention. Here are 7 […]

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IRS explains which meals qualify for temporary 100% expense deduction

Apr 08, 2021 (0) comment , , , ,

The IRS released guidance on Thursday explaining when the temporary 100% deduction for restaurant meals is available and when the 50% limitation on the deduction for food and beverages continues to apply for Sec. 274 purposes (Notice 2021-25). Under Sec. 274(n)(1), a deduction for any expense for food or beverages is generally limited to 50% […]

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Senate passes bill extending PPP deadline to May 31

Apr 01, 2021 (0) comment , , , ,

Brief: The Senate on Thursday passed, by a 92-7 vote, a bill that would extend the deadline for Paycheck Protection Program applications for another two months to May 31. The PPP Extension Act, which also gives the Small Business Administration until June 30 to close pending PPP applications, now awaits President Joe Biden’s signature. The […]

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Why Mindset Matters for Success

Mar 25, 2021 (0) comment , , , ,

Healthy mental habits are what will get you through the tough days. No one is born an entrepreneur. But it also doesn’t happen by chance, instead they are driven to it. It’s all about having the compulsion to be a part of something that’s bigger than yourself and being willing to do whatever it takes […]

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$1.9T COVID-19 relief package includes billions for capital projects

Mar 18, 2021 (0) comment , , , ,

The construction industry will benefit from many of the provisions in the rescue bill. In a 220-211 vote, the House of Representatives passed the $1.9 trillion COVID-19 relief bill, officially known as the American Rescue Plan Act of 2021, and presented the legislation to President Joe Biden on Wednesday of last week. The package contains […]

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Boring Co. proposal for 4-mile California loop advances

Feb 11, 2021 (0) comment , , ,

Brief: The Boring Co.’s next project is moving forward, as the Elon Musk-owned company begins negotiations with the San Bernardino County Transportation Authority to tunnel a 4-mile transit loop from the Metrolink train station in Rancho Cucamonga, California, to nearby Ontario International Airport, the Daily Bulletin reported. The SBCTA unanimously voted in favor of the […]

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The Dotted Line: 6 ways a construction contract can become unenforceable

Jan 29, 2021 (0) comment , , ,

Certain situations like illegality or coercion can invalidate a contract in whole or in part. Most contractors are well aware that they must abide by the performance standards and scope-of-work requirements in their contracts or potentially face legal action. What they might not realize is that there are situations that could render their contracts or […]

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3 Things LeBron James Can Teach You About Business Growth

Jan 19, 2021 (0) comment , , ,

With a diverse business and investment portfolio, LeBron James can teach us a great deal about long-term growth and success.  What image first comes to mind when you hear the name LeBron James? Basketball superstar? One of the most distinguished athletes of our time? Sure, but that’s not all. Accruing a net worth of $480+ […]

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New Exoskeleton Vests Makes Repetitive Tasks and Overhead Work a Breeze

Jan 15, 2021 (0) comment , , , ,

Tool and Equipment Insurance protects high-value, moveable equipment. It is ideal for contractors and other businesses that take their own tools to work sites.

Ekso Bionics has been making exoskeletons since 2005.  Originally designed with the military in mind, but then later shifted to physical therapy.  In more recent years, they have begun targeting more physical professions, especially those with repetitive tasks or a lot of lifting. One of their most recent products is called the EksoVest. The EksoVest […]

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