Jun 24, 2020
california contractor insurance, commercial general liability insurance, construction news, contractor news, small business
It is always important for construction firms to track changes to their construction agreements so that they can bill their customers appropriately. It might be even more important now, however, as many general contractors and subcontractors get back to work after extended COVID-19 shutdowns. Contractors cannot afford to leave any money on the table right […]
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Jun 24, 2020
california contractor insurance, commercial general liability insurance, construction news, contractor news
Brief: The San Bernardino County Transportation Authority (SBCTA) has agreed to postpone an analysis of rail system alternatives, one of which would serve the Ontario International Airport in Ontario, California, in order to evaluate an unsolicited proposal from Tesla and SpaceX founder Elon Musk’s The Boring Co. (TBC), which has suggested a transit tunnel to the […]
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Jun 12, 2020
california contractor insurance, construction news, contractor news, small business news
CSLB test centers (Except Berkeley) reopen on Monday, June 15, 2020. Public Counters are CLOSED to the public but should reopen soon. Most CSLB services are available online, through email, or at 800-321-CSLB (2752). SACRAMENTO – The Contractors State License Board (CSLB) is announcing that seven of its eight test centers around California will reopen […]
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Jun 11, 2020
california contractor insurance, commercial general liability insurance, construction news, small business news
Brief: Borrowers only have to use 60% of their loan funds for payroll costs under changes the federal government made to the Paycheck Protection Program (PPP) on Friday. Previously, the program required borrowers to use 75% of the funds on payroll, a requirement borrowers said was too restrictive. For many businesses impacted by mandatory stay-at-home orders, the […]
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Jun 11, 2020
california contractor insurance, commercial general liability insurance, construction news, small business news
Brief: The construction industry added 464,000 net new jobs in May, the largest monthly increase in construction jobs since the government began tracking employment in 1939 and a drastic improvement from April, which recorded the industry’s largest month-over-month job loss. While nonresidential construction employment lost more than 570,000 jobs on net in April, a total of […]
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Jun 04, 2020
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, small business
It hasn’t been an easy ride for those applying for or administering Paycheck Protection Program loans since the program went into effect on April 15. A lightning-fast rollout, differing interpretations of the rules, a steady stream of updates, warnings to recipients about audits and penalties, and negative press about public companies that received money while […]
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May 21, 2020
california contractor insurance, construction news, entrepreneurial news, small business
Here’s what you need to know about the state’s plan to reopen for business during the coronavirus pandemic. Venice Beach on May 17.Credit…Ryan Young for The New York Times California was the first state in the nation to order all residents to stay home to slow the spread of the coronavirus. On Monday, Gov. […]
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May 08, 2020
california contractor insurance, construction news, contractor general liability insurance
A Brightline train sits at the station in Fort Lauderdale, Florida. Amidst the COVID-19 pandemic, California has approved a $600 million private activity bond allocation for construction of the $5 billion Virgin Trains-Brightline railway that within four years could be whisking passengers from Las Vegas to a (distant) Los Angeles suburb at speeds of up to […]
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Apr 30, 2020
california contractor insurance, commercial general liability insurance, construction news, entrepreneurial news, small business
“Every business is a startup in times like these, so you should focus on cash flow—not profits. The decisions you make today will have enormous ramifications for the future of your business. ” Thomas Ulbrich, Assistant Dean for Entrepreneurship and Social Innovation UB School of Management “Firms that have retained their employees will have a […]
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Apr 23, 2020
california contractor insurance, construction news, small business, small business news
UPDATE: April 22, 2020: The Senate on April 21 approved additional stimulus funds totaling $480 billion, with $310 billion earmarked for the PPP, five days after the latter’s original well of funding ran dry. Though the bill saw bipartisan support in the Senate, it still needs to be approved by the House, which could vote on the matter […]
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