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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Construction is a risky business, with among the highest rates of failure of any industry. If a subcontractor defaults on a project, the general contractor can make a claim with the insurance company to cover costs above their deductible and any loss reserve requirements. This prevented small contractors from applying for coverage.

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Do Your Employees and Construction Laborers Belong to You? Depends.

Best Practices Construction Law

” Depending on my mood, I may or may not claim them all. It is very common in the construction industry that general contractors and trade contractors will hire workers through third party management companies, independent contractors, staffing agencies and labor providers. What about the construction industry?

ABC 48
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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Public bid law is a term of art used in the construction industry to describe any work, construction project or improvement to (immovable) property that is owed by the State of Louisiana or an arm of the state, such as parish or city government (“public entity’). Public Bid Law.

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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Public bid law is a term of art used in the construction industry to describe any work, construction project or improvement to (immovable) property that is owed by the State of Louisiana or an arm of the state, such as parish or city government (“public entity’). Public Bid Law.