Understand Your Trailer GVWR (Gross Vehicle Weight Rating)
Nov 2, 2011 · While the GVWR is rated at 14,600 pounds, the GAWR or Gross Axle Weight Rating is still only 12,000 pounds and you cannot exceed that capacity rating. In this case, you still have to include the 2,600-pound trailer weight. That weight must be transferred to the tow vehicle, but that transfer is also limited by the hitch capacity.
How the Additional Insured Clause Puts Contractors at Increased …
Nov 2, 2011 · The following risk management protocols are recommended: Update all subcontracts and purchase orders to reflect these changes in additional insured endorsements. Many endorsements "follow" the subcontract requirements. Additional insured coverage will "mirror" the contract. Be specific on what is required.
How to Read Your Financials - Costs in excess of billings
Nov 2, 2011 · Working capital is defined as the total of "current assets" comprised of your cash, receivables, retainages, costs in excess of billings, work-in-progress, inventories and prepaid expenses minus your current liabilities. Your current liabilities are comprised of your lines of credit, principle payments of debt due within twelve months, accounts ...
Near Miss Examples in the Workplace - Construction Business …
Nov 2, 2011 · Here are some examples of near misses in the workplace: An employee trips over an extension cord that lies across the floor but avoids a fall by grabbing the corner of a desk. An outward-opening door nearly hits a worker who jumps back just in time to avoid a mishap. Instead of using a ladder, an employee puts a box on top of a drum, loses ...
A Contractor's Guide to OCIPs - Construction Business Owner …
May 24, 2012 · Mike Hastings is a national project risk practice leader within Marsh’s U.S. Construction Practice. Over the past 17 years, he has taken a lead role in developing and implementing Marsh’s consultative approach to construction project risk management, including risk identification, financial modeling, loss control and mitigation, insurance program design, and consulting services for company ...
Doosan Construction Equipment Rebrands as DEVELON
SUWANEE, Ga. (Jan. 18, 2023) — The familiar brand of orange construction equipment known as Doosan will now be called DEVELON throughout the world. Under the new brand name, the company will continue providing innovative products and solutions that exceed expectations, further cementing its status as a global leader in construction equipment and solutions for the infrastructure industry.
A Guide to Managing the Risks of Working at Height
Sep 29, 2020 · Warning line systems 29 CFR 1926.502(f)—A barrier erected on a roof to warn employees they are approaching an unprotected side or edge, designating an area in which work may take place without the use of guardrail, body belt or safety net to protect employees in the area. Controlled access zone 29 CFR 1926.502(g)—When used to control access to areas where leading edge and other operations ...
13 Construction Technology Trends to Watch
Dec 9, 2020 · 1. Building Information Modeling. Building information modeling (BIM) has become the most commonly used technology in the construction industry. Seventy-three percent of United States contractors surveyed by Dodge Data & Analytics report utilizing BIM, with 79% of those using it on more than 30% of their projects.
5 Interpersonal Skills Every Project Manager Should Possess
Apr 28, 2016 · Project managers who want to refine their leadership skills can begin by finding new ways to provide team members with regular feedback on their progress. Additionally, they can work on managing stress in order to approach difficult situations with a strong, composed attitude. 3. Negotiation.
What Is Your Equipment's True Cost? - Construction Business …
Nov 13, 2023 · Insurance costs. Annual property taxes. Extended warranty cost. Operating costs must also be considered when determining what a piece of equipment truly costs. These include but are not limited to: Operator costs (wages, benefits, matching contributions, union benefits, employer payroll taxes, etc., per hour) Fuel costs (cost per gallon and how ...