CR Solutions is all about perfecting our core competencies and delegating the rest. Internally and externally, we believe that delegation is a vital skill for success. We believe this so…
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What happens if, in an attempt to lower their insurance credit, a contractor underestimate their payroll? – Matthew, Chicago, IL Matthew, excellent question! From time to time, we do see contractors underestimating…
Owner’s Interest vs. OCP vs. OCIP What is the Difference? Construction project owners face an assortment of risks during construction on their property. Insurance products have been created to transfer…
Calculating OCIP/CCIP credits can be challenging for lump sum contracts; however, there are set procedures that can be followed and are universally accepted when calculating these credits. Calculating accurate insurance…
Workers Compensation Payroll For wrap-ups that provide worker's compensation coverage, monthly payroll reporting is required for all enrolled contractors. Payroll should only be reported for employees performing work at the...
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Incurred Losses The incurred amount, in reference to claims associated with an OCIP/CCIP, represent the amount expected to be paid in order to close a claim. The incurred amount is…
Online Payroll Entry Our first video highlights the basics of online payroll entry. If you are having trouble using our new system, this is a great tool to help you...
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Deduct Insurance cost calculation method in which insurance costs are first included in the bid and then removed via a deductive change order. Alternate Add Insurance cost calculation method in which insurance costs are excluded from...
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