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How to Maximize Potential Savings On Your OCIP/CCIP Today, more than ever, the budgeting process has become essential to the success of construction projects. Lenders are intensifying their underwriting criteria,…
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ALAE (Allocated Loss Adjustment Expense) Allocated Loss Adjustment Expense (ALAE) represent expenses directly attributable to settling and defending specific claims. These expenses include salaries of adjusters, legal fees, court costs,…
In May of 2009, New York City’s Construction unions agreed to The Economic Recovery Project Labor Agreement to help stimulate construction activity in the New York area. This agreement promised…