Green Building Law Update

FEBRUARY 12, 2014

Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP).

Insurance 120

Insurance Liability Legal Claims 120

Green Building Law Update

JANUARY 19, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Liability 156

Liability Leases Defense Commercial 156

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio .

Safety 94

Safety Debt Liability Equity 94

Green Building Law Update

AUGUST 30, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Site 156

Site Liability Leases Defense 156

Levelset

SEPTEMBER 14, 2022

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability insurance. Builder’s risk insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Green Building Law Update

JULY 25, 2021

Environmental Protection Agency as satisfying its All Appropriate Inquiry rule to obtain protections from liability under CERCLA, the federal Superfund law. 9601) and petroleum products.” Importantly, the ASTM E1527 is recognized by the U.S. The ASTM E50.02

Site 296

Site Drafting United States Regulation 296

Job Order Contracting

AUGUST 31, 2021

Traditional contracting methods typically involve the non-owner participants tendering a lump-sum price based on the owner’s proposed allocation of responsibilities and risks. The post Collaborative Construction Solution – Public Sector appeared first on 4BT.

Construction 124

Construction Procurement Liability Contract 124

Levelset

OCTOBER 14, 2022

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments. Liability for damage. A GL policy offers a wide range of protection.

Insurance 52

Insurance Liability Injury Compensation 52

Green Building Law Update

NOVEMBER 21, 2021

Environmental Protection Agency as satisfying its All Appropriate Inquiry rule to obtain protections from liability under CERCLA, the federal Superfund law, something that is expected to happen by rulemaking at some point in 2022. Liability from old dry cleaners in retail sites that are beyond the boundaries of the “subject property” (.

Site 156

Site Liability United States Green 156

Construction Marketing

JUNE 20, 2022

Whoever is responsible for breaching their duty of care should compensate for the injuries. If the construction company fails to keep the site safe, they could face liability. Incorrect stacking of materials puts them at risk of toppling over. . Ways To Minimize Risk For Falling Debris Injuries.

Site 156

Site Injury Construction Safety 156

Levelset

OCTOBER 20, 2022

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. General liability may help pay for the cost of repair. .

Insurance 52

Insurance Liability Electrical Accidents 52

Levelset

SEPTEMBER 6, 2022

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. Among a number of other issues, insurance risk shifting is a concern for carriers. all of which operate differently.

Insurance 52

Insurance Liability Construction Contract 52

Green Building Law Update

SEPTEMBER 16, 2013

EPA’s direct final rule allowing the use of the new ASTM E1527-13 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process” to satisfy the requirements for conducting “all appropriate inquiries” to qualify for liability protections. The EPA rule is at [link].

Site 120

Site Liability Compensation Legal 120

Construction Lawyer

MAY 30, 2012

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk. Unlimited liability for designers and contractors. The statute of repose (similar to a statute of limitations) expired by 1982, extinguishing any liability by Sverdrup. Copyright Notice. Disclaimer.

Liability 40

Liability Contractors Design Minnesota 40

Green Building Law Update

JANUARY 31, 2021

9601) and petroleum products.”. The term “recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property.”. “. a substance defined as a hazardous substance pursuant to CERCLA 42 U.S.C.§9601(14),

Site 156

Site Commercial United States Regulation 156

Job Order Contracting

JULY 17, 2017

Open communication to engender a “no-blame” attitude; where problems are identified, there is no move to establish liability, but instead a focus on having them resolved quickly. Timely sharing of up-to-date information to ensure all participants work on the same version of project documentation and reports.

Contract 100

Contract Compensation Liability Fabrication 100

Levelset

SEPTEMBER 20, 2022

Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. The contract may ask that each sub carry a liability amount of $2 million, for example. The policy includes two main components that help protect the financial standing of the business.

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

OCTOBER 13, 2022

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

Insurance 52

Insurance Certification Contractors Liability 52

Construction Dive

NOVEMBER 6, 2013

By Bruce Jervis There are many legitimate reasons for contractors to submit claims for increased compensation. Construction contracts, which essentially allocate risks and responsibilities between project owners and constructors, spell out the circumstances under which the contractor may be entitled to additional time or money.

Claims 56

Claims Wisconsin Compensation Liability 56

Construction Marketing

JULY 30, 2019

Besides that, there is also the risk other unforeseen damages that can leave you counting losses. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. As a matter of fact, hiring the wrong plumber is a recipe for disaster.

Contractors 120

Contractors Insurance Compensation Liability 120

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong.

Insurance 97

Insurance Contractors Construction Claims 97

Green Building Law Update

MAY 24, 2020

Over time coronavirus pandemic exposure claims may result in a new emergent subset of premises liability law, but in most instances it is presumed that body of existing law will control. All of this begs the question if a business owner’s premises liability insurance covers such claims?

Liability 177

Liability Commercial Claims Insurance 177

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52

Chianelli Estimating

AUGUST 6, 2020

Until Contractors receive any new OSHA Regulations or Insurance Companies analyze risk, the effects to their Estimating Departments approach will be challenged to allow for the potential of increased costs: both Direct & Indirect. Insurances; Workers compensation, General Liability, Risk. Office Utilities.

Estimating 60

Estimating Residential Insurance Commercial 60

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., In that case, an electrical contractor installed certain wiring and lighting in the owner’s home during construction.

Insurance 48

Insurance Liability Claims Electrical 48

Construction Law Monitor

SEPTEMBER 10, 2015

Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.

Contract 40

Contract Construction Compensation Negotiation 40

Construction Law Monitor

SEPTEMBER 10, 2015

Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.

Contract 40

Contract Construction Compensation Negotiation 40

Work Gearz

OCTOBER 19, 2021

The first is the risk to all workers’ health and safety, and the second is the legal consequences if an accident occurs. Workplace injuries can happen- Injury risk is substantially increased by poor PPE compliance. You, your employees, and your clients may lessen the risk of contracting the disease with the use of proper PPE. .

Injury 52

Injury Accidents Safety Risk 52

NH Construction Law

AUGUST 11, 2018

He couldn’t sue A&M due to the Workers’ Compensation Law’s exclusivity provision, but he could and did sue the GC and the owner, claiming that they owed him a duty to maintain a safe working environment. The New Hampshire Supreme Court disagreed.

Subcontracting 40

Subcontracting Safety Compensation Claims 40

Levelset

AUGUST 5, 2022

A Controlled Insurance Program (CIP), also called wrap-up or wrap insurance, is an insurance package designed to cover all liability and losses during an entire construction project, or across multiple projects. Both OCIP and CCIP provide liability coverage across all parties on a project. What is a Controlled Insurance Program (CIP)?

Insurance 52

Insurance Liability Claims Construction 52

Levelset

SEPTEMBER 2, 2022

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.

Insurance 52

Insurance Liability Claims Construction 52

Construction Cost Estimating

MAY 19, 2012

With Sage 100 Contractor, the contractors will be in a position to keep track on subcontractors tasks (supervise subcontractor billings & retention, get rid of overpaying and overbilling, alleviate the risk of expired subcontractor workers compensation, liability insurance, and safety certification) and appropriately document all subcontractor (..)

Sage 45

Sage Estimating Contractors Accounting 45

Buisness Facilities Contributed Content

MARCH 9, 2016

The following applicants are eligible for grants/loans: A Small Business – a for-profit corporation, limited liability company, partnership, proprietorship or other legal business entity located within the Commonwealth of Pennsylvania and having 100 or fewer full-time employees worldwide at the time of submission of the application. .

Pennsylvania 40

Pennsylvania Zoning Finance Liability 40

Construction Law Monitor

APRIL 4, 2011

–Proof of current insurance (should include General Liability, Worker’s Compensation and Builder’s Risk). –Lists of subcontractors and suppliers and verify that they pay their debts on time. –The contract should be modeled after standard American Institute of Architect’s (AIA) construction contract.

Contractors 53

Contractors Residential Insurance Louisiana 53

Safety Services Company

OCTOBER 8, 2013

Common types of documentation and requirements include safety programs, training programs, insurance information, workers’ compensation information, incident statistics, financial stability, and past performance. In addition to limiting fatalities and injuries, third-party auditor services help Owner Clients limit liability.

Contractors 54

Contractors DOT Accounting Statistics 54

Construction Lawyer

MARCH 27, 2012

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk.   The FLSA provides that employees, not otherwise exempt, are to be paid overtime compensation for hours in excess of 40 per work week. Unlimited liability for designers and contractors.

Architecture 58

Architecture Illinois AIA Chicago 58