What Is a Punch List? Examples & Templates - Construction …
Aug 20, 2024 · A punch list, sometimes called a snag list, is a document created in the final stages of a construction project to provide a list of items that must be addressed before construction is complete and payment is issued. The owner, architect or designer, and general contractor usually make the list while they tour and visually inspect the project.
Types of Construction Insurance - The Complete Guide
Oct 2, 2024 · Something to note is that a more specific policy type—commercial truck insurance—falls under the umbrella of commercial auto. While commercial auto insurance is a broad term that covers a wide range of vehicles used for business purposes, commercial truck insurance specifically applies to large vehicles (such as dump trucks, semi-trucks, cement mixers, etc.) and the businesses that use them.
Cities Where Construction Workers Would Have To Work the …
Sep 16, 2024 · *Weekly hours needed to afford a median-priced home. Full Results Methodology. To find the metropolitan areas where construction workers would have to work the longest hours to afford a home in their city, researchers at Construction Coverage analyzed the latest data from the U.S. Bureau of Labor Statistics’s 2023 Occupational Employment and Wage Statistics, the U.S. Census Bureau’s 2022 ...
The Best Builders Risk Insurance Companies for 2024
Oct 2, 2024 · Builders Risk vs. Property Insurance. Commercial property insurance covers all types of commercial property (buildings, inventory, furniture, etc.) against covered causes of loss, such as fire, theft and natural disaster. However, when businesses renovate or build new buildings on their property, the additions are not covered by standard commercial property insurance policies while they are ...
U.S. Cities Building the Most Homes - Construction Coverage
Oct 2, 2024 · These delays were even more pronounced when considering the time from construction start to completion, where 55% of authorizations took over two months to complete this phase compared to only 39% in 2019. New Home Construction by State. Two Mountain West states, Utah and Idaho, are building the most homes.
What Is an Owner Controlled Insurance Program (OCIP)?
Oct 7, 2024 · Owner controlled insurance programs are complex insurance products that can offer great opportunities for cost savings, superior risk management, and streamlined insurance claims processing for property owners and/or construction project managers. However, getting started with an owner controlled insurance program is more involved than setting ...
The Best Takeoff Software for Construction in 2024
Oct 10, 2024 · Final Verdict. PrebuiltML is a powerful Windows-based takeoff software for professional tradesmen, general contractors, builders, framers, and dealers. With an affordable price and solid features suitable to most trades, PrebuiltML is also one of our Runner-Up picks for the best takeoff software.
U.S. States Investing Most in Manufactured Housing
Oct 2, 2024 · The average sale price of manufactured homes in 2023 was $124,300. For context, Zillow pegs the median home value in the United States at slightly over $362,000. While manufactured homes remain relatively low-cost, the growing demand for housing has pushed prices higher in recent years. Since 2014, the average sale price of a manufactured home ...
The Best-Paying Construction Jobs in the U.S.
Sep 8, 2024 · Specialized positions such as elevator installers, boilermakers, and pile driver operators tend to command higher rates. However, even general construction supervisors, building inspectors, and more common tradespeople like electricians also rank among the highest-paying jobs in the construction industry. Below is a complete breakdown of hourly ...
The Best Construction Estimating Software for 2024
Oct 9, 2024 · Understanding Construction Estimating Software. Construction estimating is part of the preconstruction bidding process, during which contractors and builders submit proposals, or bids, to project owners, offering to provide services or supplies for a construction project.These bids summarize the costs that the contractor expects to pay for the development of the structure or infrastructure.