New project delivery methods are reshaping the role of the contractor. Throughout most of the 20th Century, design-bid-build was the standard way of running projects. This model relied on architects working with the owner under … about Design Risks Every Contractor Should Watch Out For
Since 1939, insurance companies in the U.S. have begun writing policies for blanket coverage called commercial general liability insurance. These policies cover every risk except those listed in the exclusions.
Few people enjoy reading contracts. Their never-ending sentences cause your eyes to glaze over and your mind to go numb. But, by not taking the time to carefully review and understand these documents, subcontractors are … about Stop Signing Away Your Subcontractor Profits
Owner-controlled or contractor-controlled insurance programs are inching their way into projects never envisioned for their use. These "wrap-ups" can increase subcontractor risk through inadequate coverages and greater administrative costs. Here's what's behind these insurance products … about Your Guideline to Construction Wrap-up Insurance
As the contractor’s professional liability insurance market has grown, so have the claims. CPL Policy limits are also climbing, the average now double what it was just five years ago. Contractors pay a lot for … about What You Need to Understand About Contractor’s Professional Liability Insurance
There have been 19 construction-related deaths to August this year, according to the National Safe Work Australia figures released in September—down from 23 deaths at the same time last year. The reduction in deaths is … about Worker Fatalities Drop, But Death Rate Remains High
The year 2017 marked a considerable change in how construction technology was viewed. Industry-wide, the conversation shifted from the need to adopt technology to the best strategies and technology solutions for maximizing investment. Heading into … about Construction’s Year of Digital Disruption: How are we doing?
It might not be the first thing you think about, but insurance and public liability should be the primary consideration for anyone working on a jobsite. Without such protections, individuals could be personally liable for … about The One Thing You Need to Do Before You Walk on Any Jobsite
Over the past several years, the construction industry has been positively booming with new technology. Traditionally, construction has been one of the least digitized industries, so there was plenty of room to grow.
Because construction contracts come in many forms, the warranty clauses do as well. Very small differences in wording can increase your liability and make you responsible for someone else’s mistakes. A construction contract is widely … about Warranty Issues You Just Can’t Escape