Jul 08, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, small business, small business news
From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills. A recent construction industry analysis revealed that public construction firms’ effective federal tax rates are among the lowest of any sector. The 19 largest profitable firms in the industry paid […]
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Jul 01, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
Brief: The Boring Co. is working on wider tunnels designed to transport large amounts of freight, Bloomberg reported. The new tunnels would be 21 feet in diameter, compared to the 12-foot-diameter tunnels TBC has built thus far. To date, the Elon Musk-owned company has focused on building tunnels to transport passengers, although moving freight has […]
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Jun 17, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
Prices have dropped from record highs, spurred by the economic reopening and potentially pointing to an eventual return to normalcy Lumber at a Home Depot store in Doral, Fla., last month. Lumber futures hit a record high in early May. Photo: Joe Raedle/Getty Images Lumber prices are falling back to Earth. Futures for July […]
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Jun 03, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
An economist expects the labor part of the sawmill problem to start resolving itself later this year, but expects prices to remain high into 2022. If a tree falls in the woods, how much is it worth? Right now, in a market with a lumber shortage, a lot. Lumber prices have spiked this […]
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Jun 03, 2021
california contractor insurance, construction news, insurance for contractors
Permission granted by EcoPact Brief: A Baltimore contractor is trying out a new concrete formulation that’s designed to cut the material’s embodied carbon by 40% compared to ordinary Portland cement-based concrete, according to the product’s maker. Baltimore-based Belfast Valley Contractors is using EcoPact on Georgetown University’s 55 H Street 12-story residence hall, the first major Washington, […]
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May 14, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
Several high-profile jobs are scheduled for completion or are set to hit major milestones soon. Here are some that are making headlines this year. Permission granted by SFMTA This year has brought a new round of project completions, or at least the meeting of project milestones. From factories to mass timber buildings, the focus […]
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Apr 29, 2021
california contractor insurance, construction news, contractor news, insurance for contractors
SACRAMENTO – On June 1, the Contractors State License Board (CSLB) will begin accepting applications for the new B-2 Residential Remodeling Classification. This classification is available to licensees and applicants whose principal contracting business involves working on existing homes with residential wood frame structures which require at least three unrelated trades or crafts for a […]
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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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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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