Construction Business Owner

OCTOBER 31, 2013

However, participants should enter this new modeling world recognizing that these opportunities come with costs and risks. Understanding the risks associated with BIM can help contractors manage and make the most of this new technology.'

BIM 191

BIM Liability Modeling Risk 191

Construction Law

MAY 4, 2021

Liability for what went wrong has still to be established, but the report raises serious questions that all companies and individuals working in the rail sector need to ask. Other inquiries are being made jointly by Police Scotland, British Transport Police and railway regulator the Office of Rail and Road.

Risk 52

Risk Management Inspections Accidents 52

Construction Business Owner

DECEMBER 20, 2018

“ Adapt or Die,” is arguably the most memorable line from the movie version of "Moneyball. " The meaning of the quote and how it relates to business and risk management is paramount—we must fight and overcome the current status quo if we want to change the industry.

Industrial 290

Industrial Liability Construction Risk 290

Construction Dive

JULY 24, 2018

Taking responsibility for even a small portion of the design can expose contractors to increased liability. Here's how to limit the risks.

Risk 82

Risk DOT Liability Design 82

Green Building Law Update

FEBRUARY 13, 2022

These new laws are the Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 and the Limited Liability Partnerships (Climate-related Financial Disclosure) Regulations 2022. the principal climate-related risks and opportunities arising in connection with the company’s operations, and.

Regulation 194

Regulation Risk Sustainability Management 194

Construction Business Owner

DECEMBER 14, 2012

BORDENTOWN, NJ (December 12, 2012) – Hundreds of insurance professionals attending the highly successful forum on “Contractors Professional Liability Insurance - A Visit with Underwriters” at the 32nd IRMI Construction Risk Conference in Orlando, Florida were recently rewarded with the expert insights of leading risk management executives discussing (..)

Liability 120

Liability Insurance NJ Contractors 120

Job Order Contracting

MARCH 28, 2024

Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers. and Dossick, C.

Procurement 189

Procurement Construction DC AIA 189

Pro Builder

FEBRUARY 4, 2021

What Home Builders Should Know About Liability Insurance. Q+A with Katie Beck about assessing risk for a changing home building industry. Business Management. Business Management. cbroderick. Thu, 02/04/2021 - 12:41. Watch the full segment below. Watch past segments here. Operations.

Insurance 52

Insurance Liability Risk Management 52

Safety Services Company

DECEMBER 1, 2023

In this blog, we’ll explore precisely how safety and compliance and its management can help you win contracts. With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Naturally, companies are likely to pursue bids from contractors who are at a lower risk.

Safety 110

Safety Bidding Contract Liability 110

Construction Marketing

DECEMBER 27, 2021

As a contractor, you likely know that your business is always at risk. Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? General Liability Insurance.

Insurance 156

Insurance Contractors Accidents Liability 156

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. Business Management. Business Management Best Practices. Operations.

Risk 92

Risk Construction Security Bidding 92

Pro Builder

JUNE 17, 2021

Managing Rising Construction Costs: Insurance. Builders and remodelers carry insurance policies that cover risks for the project, and coinsurance clauses, which are in many policies, say the builder should maintain coverage up to a specific value. cbroderick. Thu, 06/17/2021 - 10:43.

Insurance 52

Insurance Management Remodeling Construction 52

Construction Marketing

JUNE 14, 2022

All these pose risks to the health of these workers. . It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . When recruiting new workers, ensure they know all the risks they may encounter with their work. Inspect Your Machines Regularly.

Safety 339

Safety Site Construction Inspections 339

Construction Business Owner

FEBRUARY 4, 2015

Technology can also dramatically change a contractor''s risk profile and create the potential for unforeseen liabilities.'

Management 120

Management Liability Mobility Risk 120

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

Construction Business Owner

JANUARY 7, 2016

Jeff Slivka recently took leadership of New Day Underwriting Managers as the company’s new president. Slivka helped launch the company in 2005 and has since grown into an award-winning, specialty intermediary of environmental and construction-related professional liability insurance coverages and risk management services.

Liability 120

Liability Insurance Risk Management 120

Job Order Contracting

MAY 17, 2022

How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. The proposed rules contain a “safe harbor” for liability for Scope 3 emissions disclosure. Is your organization ready? Conclusion.

Regulation 227

Regulation Risk Equity Organization 227

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

Construction Business Owner

OCTOBER 24, 2016

In today’s litigious environment, claims against construction companies are inevitable, and off-the-shelf solutions used to manage liability risks are too often inadequate. Construction defect claims are compounded by the fact that not all are covered by insurance, depending on the carrier and the applicable state statutes.

Claims 120

Claims Liability Insurance Risk 120

Safety Services Company

JANUARY 5, 2024

As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Understanding and mitigating these risks is crucial for ensuring the safety and well-being of you and your team if you’re working in such environments.

Safety 82

Safety Accidents Construction Risk 82

Green Building Law Update

AUGUST 7, 2016

Given the large number of inquiries we have responded to about Zika, including about liability for building owners, this is a repost of an updated version of my February blog post on the subject. But where a building has an insect management plan, the negligent implementation of a plan may arguably give rise to liability.

Liability 120

Liability Puerto Rico Management Plans 120

The Korte Company

JULY 12, 2011

Correct Project Cost Estimation through Digital Contract Management The dream of any design firm is to successfully grow by having a large portfolio of clients. This means that principals are mostly bringing business to headquarters and the production team is busy managing the different projects.

Contract 40

Contract Liability Management Risk 40

Green Building Law Update

FEBRUARY 28, 2016

With respect to the likelihood of legal liability associated with the application of insecticides or failure to apply, it is the failure to act properly that may have the greater likelihood for landlord liability. Many LEED buildings have insect management plans (. while most non LEED buildings do not).

Liability 120

Liability Management Plans Florida 120

Construction Marketing

JUNE 19, 2023

Crane certifications are crucial for construction site operations due to their critical role and potential risks. A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. They demonstrate the crane operators’ proper training, knowledge, and machine operation.

Certification 173

Certification Site Accidents OSHA 173

Construction Law

MARCH 1, 2024

Guest editor Managing change control following the Building Safety Act 2022 Guest Editors Roddy Cormack and Katie Percy of Dentons UK and Middle East LLP warn that the new change control regime introduced under the Building Safety Act could make allocating and managing contractual risk significantly more challenging.

Insurance 40

Insurance Claims Safety Legal 40

DebunkTheBIM

DECEMBER 6, 2011

I am a manager of construction information, tools and people. “Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week. “Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week.

Insurance 48

Insurance Risk Management BIM 48

Pro Builder

JULY 6, 2021

NAHB argued that residential construction should not be included under the standard because the nature of new-home building and remodeling makes them a much lower risk for virus transmission. During the first quarter of 2021, the value of real estate assets increased faster than real estate liabilities. For more, visit nahb.org. .

OSHA 98

OSHA NAHB Construction Liability 98

Job Order Contracting

AUGUST 31, 2021

The Public Sector facilities management sector has long suffered from poor productivity growth and high levels economic and environmental waste. 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.

Construction 124

Construction Procurement Liability Contract 124

Green Building Law Update

DECEMBER 1, 2011

Entitled Keys to Managing Green Construction Risks, Liability and Litigation , this program will focus on the key concerns and solutions to the ever changing green construction culture. For more information on this program, click here. I hope to hear from you on the webinar.

Green 159

Green Liability Legal Risk 159

Construction Law

FEBRUARY 2, 2024

Editor Nick Barrett asks how long the UK can get away with the governance problem said by the head of the National Audit Office to be embedded at the heart of Whitehall when it comes to managing large scale procurements. Not all contingencies are covered, he warns, despite policies being described as “all risks”.

Construction 52

Construction Insurance Procurement Drafting 52

Green Building Law Update

JUNE 14, 2020

something I rarely do) because I believe the two new LEED pilot credits can contribute to a meaningful consideration of how to adapt to keep people safe in buildings and how to mitigate risk to owners of those buildings. . Green Building Council has announced that LEED will play a role in confronting risk in the coronavirus pandemic era.

Green 156

Green Risk Plans Safety 156

Safety Services Company

DECEMBER 1, 2021

Jason Damm is the Natural Resources Project Manager and Health and Safety Coordinator at Metric Environmental. As a trained scientist working in the field for an oil and gas company, he was issued safety protocols that were developed by distant office dwellers, and not by experienced people aware of real-world risks. Simple Authority.

Safety 117

Safety Organization Plans Indiana 117

Job Order Contracting

JANUARY 23, 2019

I first started working with public facilities and physical infrastructure capital planning and management decades ago. was crumbling under the weight of deferred maintenance and poor management. This database is known as the Federal Real Property Profile Management System (FRPP MS). The truth is likely that both are to blame.

Leases 100

Leases Infrastructure Statistics Management 100

Wolgast Corporation

JULY 24, 2023

Not having a property survey could create a liability for you as you’re accepting unknown conditions of your property. By using these resources, property owners, researchers, and communities can make informed decisions, mitigate risks, identify opportunities, and preserve our shared history.

Sewer 99

Sewer Site Liability Risk 99

Construction Business Owner

APRIL 5, 2012

MANAGEMENT |. General Management. People Management. Equipment Management. Green Construction & Construction Software » The Business of Construction Risk Management. If you stop to think about it, it’s clear that risk carries a dollar value. First, they understand risk.

Risk 120

Risk Insurance Construction Software 120

Levelset

AUGUST 26, 2022

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.

Insurance 52

Insurance Liability Equipment Agreement 52

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