how many employees are you required to have in order to have works
comp? correct answersmore than 1 employee
if you fail to identify and mark underground utilities, how much do you
have to pay for violation correct answersyou can be fined up to 5000
dollars for the first violation, and up to 70000 dollars
sets limits on how much of a air pollutant is allowed in the air. correct
answersthe clean air act
when does the fair labor act apply correct answersit applies to employers
that have 1 or more employee
what is form I-9 correct answersthis form is used by immigration ,to
make sure employees has legal immigration status in the usa
what is project over head correct answersitems needed to complete the
project ex; bonds,temporary storage,dumpsters,security guards , porter
potties,etc. makes up 5- 10% of bid
what is the clean water act correct answersestablishes the basic structure
for regulating disharges of pollutants into the waters of united states
what are current liabilities correct answersliabilities that will mature and
must be paid within 1 year
immigration forms must be kept for how long correct answersat least 3
years
what is a maintance bond correct answersguarantees that for one year
no defective workmanship or material will appear on completed project
liability insurance is what correct answersto protect 3rd party claims
keyman life insurance correct answersits to continue business if one dies
or becomes incapacitated
how much money is deducted from employee to pay for works
comp correct answersnothing. employer pays for everything
how soon must form I-9 be completed by correct answersit should be
completed within 3 days of hire
, how long should you keep lead pamphlet receipt for correct answersmust
be kept for 3 years
bonds or cash deposits should be under whos name correct answersthe
licensee
how soon should you do a publication correct answersyou must publish
within 60 days for 3 consecutives publications
who certifies when a project is complete and the work meets conditions of
the contract documents correct answersthe architect or the engineer
what are progress payments correct answersare partial payments made
after specified phases of construction are complete
what is the single prime method correct answersits when a project
owner hires an architectural firm to design the project the contractor
then perfume the work
what is a payment bond correct answersguarantees that subcontractors
and suppliers will be paid for work if they perform properly under the
contract
a corporate name may be reserved with the corporation commission for how
many days correct answers120 days prior to incorporation
how long should employees keep tax records for? correct answersat least 4
years
what is all risk builders insurance correct answersit covers property owners
n builders for buildings under construction. typically covers machinery
equipment , materials supplies and fixtures
what is property insurance correct answerstypically it covers your business
n personal property when damaged theft or loss..
what is works comp correct answersit protects employees when they get
injured at work
what is design and build correct answersthe owner contracts one company
to complete the process from start to finish
what is company overhead correct answersits the cost of doing
business . in other words keeping it running. like office rent, taxes,
phone, accounting fees
who are exempt from maintaining osha records correct answersemployers
with 10 or fewer employees
what happens when 1 of the parties involved fails to perform in accordance
with any of the terms and condition of the contract correct answersthey go
into a breach of contract