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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Medical expenses, property damage, and legal defense costs can grow quickly.

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Construction quality management: Everything you need to know

Lets Build

Unexpected site issues or setbacks. Issues may arise around ownership and accountability, roles and responsibilities, tools and materials. Drawing up a construction quality management plan will enable you and your staff to identify potential liabilities or risks, and implement techniques to mitigate them. Auditing and testing.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . It’s prudent to look back and realize that potential liability doesn’t end when the project is completed.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. You can leave a response , or trackback from your own site. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. You can leave a response , or trackback from your own site. Public Exposure and Liability on Construction Sites. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. INSURANCE |.

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Unlimited liability for designers and contractors

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. Sabo & Zahn LLC is an Illinois Limited Liability Company. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >.

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Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. Accounting & Finance. Considering New Accounting Software? The Best Time to Go Live is… » Why Construction-Specific Accounting Software Costs More than Generic Accounting Software. You can leave a response , or trackback from your own site. STRATEGY |. MANAGEMENT |. SOFTWARE |.