Apr 22, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, surety bonds
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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Apr 16, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, insurance for contractors, small business, small business news
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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Apr 08, 2021
california contractor insurance, commercial general liability insurance, construction news, small business, small business news
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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Mar 18, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
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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Mar 05, 2021
california contractor insurance, commercial general liability insurance, construction news
Even adjusted for inflation, SoFi Stadium in Inglewood, California, was more than twice as expensive to build as the second most costly stadium. SoFi Stadium in Inglewood, California, is the most expensive stadium ever built, even when adjusted for inflation. In fact, SoFi (shown above), which was finished in 2020 and serves as the home of […]
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Feb 25, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
The cold storage business is booming. Whether it is COVID-19 vaccines or fresh and frozen foods on their way to restaurants, grocery stores or direct to consumers, there is a growing volume of items that need to be kept at a cool or freezing temperature. Before the pandemic, demand for cold storage facilities, driven by consumer […]
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Feb 11, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
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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Feb 04, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
AB 3182 will help encourage the creation of residential development in older urban areas and master planned communities. California law AB 3182 is poised to help fuel residential development in the state. The law removes several barriers to construction to help encourage more residential construction, particularly in older urban markets and master planned communities, by […]
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Jan 29, 2021
california contractor insurance, commercial general liability insurance, construction news, general liability insurance
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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Jan 19, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business news
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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