CCIS Blog

Managing Tariff Risks for New Construction Projects

Managing Tariff Risks for New Construction Projects

While there is uncertainty regarding U.S. trade policy, the recent 25% tariff increases on U.S. steel and aluminum are already impacting construction planning. Steel is a key component of framing, rebar, and other construction materials. Higher costs and potential supply chain disruptions create challenges for contractors. To manage tariff risks, review contracts with suppliers for any force majeure clauses covering tariff-related delays or cost changes. Be aware of supplier cancellation and Continue Reading...

How Community Involvement Boosts Construction Business

How Community Involvement Boosts Construction Business

Contractors typically focus on networking, referrals, and showcasing quality work to get new projects and drive business growth. Another strategy for business development is to add community involvement to your toolkit. When you participate in local causes, organizations, and events, you feel good, and it’s a smart business strategy that builds trust, increases visibility, and strengthens your construction brand.  Community Engagement Matters Construction is integral to the Continue Reading...

Contract Bonds for Your Projects

Contract Bonds for Your Projects

Trust and accountability are critical in construction. That’s where Contract Bonds come into play. Whether bidding on a public job or working on a private project, Contract Bonds help ensure that the work will be completed as agreed, providing protections for contractors and project owners. Bid on Jobs, Fulfill Your Obligations Contract Bonds are a financial guarantee that a contractor will fulfill their obligations under a construction contract. Often a requirement, project own Continue Reading...

What Contractors Need to Know When Doing Business Cross-State

What Contractors Need to Know When Doing Business Cross-State

Your principal construction work is in Nevada, but you’ve been asked to work on a project in California. Or, as a contractor, you work both in Washington State and Oregon. When working in different states, it’s important to understand the requirements of each state so your business remains in compliance regarding licensing, insurance, and surety bonds. Following, we discuss a few examples to illustrate what is required when crossing state lines to work. Construction Work in Cal Continue Reading...

Workers’ Compensation Insurance Versus a Ghost Policy

Workers’ Compensation Insurance Versus a Ghost Policy

Most states require employers with employees to carry Workers’ Compensation to respond to on-the-job injuries and illnesses. To get on a project, contractors typically have to show proof of Workers’ Compensation insurance. But what happens if you’re self-employed but still need to demonstrate that Workers’ Comp is in place? That’s where a Ghost policy comes into play. Let’s look at how each policy works. Inside Workers’ Compensation Insurance for C Continue Reading...

    Older Entries