Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement?

Insurance 52

Insurance Liability Equipment Agreement 52

CivilJungle

AUGUST 8, 2022

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. Sale Agreement. Only after the sale agreement can we tell the sale of custody becomes finished.

Documentation 52

Documentation Legal Certification Agreement 52

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Levelset

APRIL 28, 2022

Construction is a risky business, with among the highest rates of failure of any industry. Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors.

Insurance 52

Insurance Contractors Claims ABC 52

Construction Law

APRIL 2, 2024

Legal terms explained Kyle Melville of Herbert Smith Freehills LLP explains what is meant by Scott Schedules. Legislation state of play table Our regular update on the progress of regulations and legislation affecting construction and procurement compiled by Alignment Media. Guest editor Retentions – time to say goodbye?

Construction 52

Construction Liability Risk Contract 52

Construction Marketing

JULY 11, 2022

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. A surety bond is a contract between the following three parties: • Principal – The construction company or individual seeking the bond.

Contractors 156

Contractors Legal Bidding Contract 156

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

NH Construction Law

SEPTEMBER 28, 2021

Many construction contracts and subcontracts provide for arbitration of disputes. Sphere Drake Insurance, PLC , 202 F.3d 2000) (“We adhere to our view that one-sided agreements to arbitrate are not favored.”). Sphere Drake Insurance, PLC , 202 F.3d Harbor Construction Co. Consigli Construction Co.,

Agreement 40

Agreement New Hampshire Subcontracting United States 40

Best Practices Construction Law

FEBRUARY 21, 2018

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

Insurance 54

Insurance Subcontracting Injury Construction 54

Levelset

APRIL 15, 2022

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs.

Insurance 52

Insurance Contractors Lien Claims 52

Best Practices Construction Law

FEBRUARY 25, 2014

Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. And the lesson learned was: don’t settle your construction dispute without first checking with the man! During construction, a 2,400 ton glass atrium collapsed, causing significant damages and delays.

Insurance 59

Insurance Maryland Claims Construction 59

Construction Marketing Ideas

MARCH 11, 2016

The Advise & Consult blog pulls together content from 23 experts in 15 states on a diversity of construction law issues. This blog, created by a business that provides expert legal witnesses, needs to be written at the level that you would find value if you were a serious lawyer or litigant in a significant construction dispute.

Legal 48

Legal Consulting Subcontracting Industrial 48

Levelset

JUNE 29, 2022

To those on the jobsite day-to-day, it’s no surprise that construction consistently tops the list of the most dangerous industries in the US. But because of the inherent dangers on construction jobsites, contractors are under close scrutiny for compliance. OSHA standards for construction. Peter Lindborg. View profile.

OSHA 52

OSHA Inspections Construction Safety 52

Fieldwire

AUGUST 14, 2023

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Construction and Infrastructure Law

JANUARY 9, 2020

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. Code § 2782; N.Y.

Liability 90

Liability Agreement Drafting Insurance 90

Constructlaw

FEBRUARY 7, 2023

Myers Construction Corp., Fire broke out, resulting in a loss that was paid by the owner’s builder’s risk insurance. or other property insurance applicable to the Work, except such rights they have to proceeds of such insurance held by the Owner as fiduciary. 2700 Bohn Motor, LLC v. 3d 500 (La.

Louisiana 52

Louisiana AIA Insurance Contract 52

Construction and Infrastructure Law

JANUARY 9, 2020

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project. Code § 2782; N.Y.

Liability 52

Liability Agreement Drafting Insurance 52

Construction Law

JANUARY 31, 2020

Society of Construction Law members can now have a unique 10% multi-year discount on subscriptions to the print version of Construction Law following an agreement between publishers Barrett Byrd Associates and the SCL.

Agreement 40

Agreement Insurance Procurement Contract 40

Constructlaw

SEPTEMBER 10, 2020

Well, for the construction industry, it may never return to “normal.” COVID-19 may have permanently changed the landscape of the construction industry in many ways. While stay at home orders are being lifted and private construction is returning to pre-pandemic levels, the pandemic has devastated municipal capital budgets.

Industrial 52

Industrial Union Contract Claims 52

Construction Business Owner

AUGUST 18, 2011

INSURANCE |. Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. STRATEGY |. MANAGEMENT |.

Cash Flow 168

Cash Flow Software Software Accounting 168

cnstrctr

JANUARY 4, 2020

Construction projects are a conglomeration of various parties that all need to work together. A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? Construction Contract Types.

Contract 88

Contract Construction Finance Documentation 88

Constructlaw

DECEMBER 7, 2020

According to another, in the United States, there are pre­sently more than 1,250 pandemic insurance litigations. Many insureds, both in the United States and around the world, have policies which contain domestic or interna­tional arbitration provisions. The latter provide for arbi­tration in Bermuda, London, or elsewhere.

Claims 40

Claims Insurance Bankruptcy Legal 40

Construction Marketing Ideas

FEBRUARY 19, 2016

This blog has been a participant in the Best Construction Blog competition since the contest’s inception, and in fact won in 2011. Now, back to construction. Notably, in two areas (1) professional liability insurance (errors & omissions coverage), and (2) getting legal assistance at the beginning of a project.

North Carolina 48

North Carolina IDEA Construction Insurance 48

Constructlaw

AUGUST 3, 2023

The Corporacion AIC, SA Case Corporacion arose out of a construction dispute between two Guatemalan companies, Hidroelectrica Santa Rita S.A. Risk Insurers v. Risk Insurers , 141 F.3d 8] It is undisputed that the “vacatur” grounds in Chapter 1 of the FAA apply to domestic arbitration proceedings. [9] 14] The U.S. 2019); Indus.

AIC 52

AIC New York Defense Agreement 52

Construction Lawyer

DECEMBER 28, 2007

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

Agreement 40

Agreement Illinois AIA Chicago 40

Construction and Infrastructure Law

FEBRUARY 6, 2018

AB 1701 “does not prohibit a direct contractor or subcontractor at any tier from establishing by contract or enforcing any otherwise lawful remedies against a subcontractor it hires for liability created…” Accordingly, direct contractors across California should take a closer look at the terms of their agreements with subcontractors.

California 49

California Contractors Liability Employment 49

Construction Law Monitor

MARCH 28, 2011

From time to time, I have someone guest post here on the Construction Law Monitor, giving our readers a fresh perspective on construction law topics. She is a writer for CB Structures , a family owned construction and engineering company that specializes in garage builders and pole building design. Start simple.

Contract 50

Contract Legal Construction Documentation 50

Construction Lawyer

OCTOBER 18, 2006

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

Agreement 40

Agreement Illinois AIA Chicago 40

Construction Law Monitor

OCTOBER 19, 2011

As many contractors know, starting a large construction project isn’t as simple as having your crew show up to the job site to begin work. There is a lot more involved in acquiring the appropriate permits, licensing and legal documents in order to be granted permission to start. Surety bonds are another form of insurance.

Insurance 51

Insurance Compensation Claims Agreement 51

Construction Marketing

FEBRUARY 11, 2021

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. 9) Legality and Taxes. You can also hire a lawyer to help you out with other legal requirements such as service agreements. 13) Business insurance. Labor costs.

Insurance 296

Insurance Liability Legal Compensation 296

Construction Lawyer

MAY 2, 2012

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

Contract 40

Contract Illinois Legal Construction 40

Contractor Bookkeeping

JUNE 20, 2014

Let Us Help Reduce Construction Business Start Up Stress. We Are QuickBooks Experts Specializing In Construction Bookkeeping Services. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Consult with a construction attorney and follow their advice.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

We Are QuickBooks Experts Specializing In Construction. Did You Quit Your Job - And start your own construction company only to discover you need a contractor’s license and bond. Did You Ask A Friend Or Relative - To loan you some start-up capital and they agreed on condition you become equal partners in your construction company.

Construction 48

Construction Insurance Accounting Claims 48

Construction Lawyer

APRIL 20, 2006

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

Insurance 40

Insurance Illinois AIA Chicago 40

Levelset

JULY 21, 2022

In order to perform construction work, many states require contractors to be “licensed and bonded.” Well, every state sets its own rules for contractor licensing, and contractors often must purchase a surety bond in order to legally practice their trade. A contractor bond is a three-party agreement. What does that mean?

Contractors 52

Contractors Claims Oregon Residential 52

Julian Construction

DECEMBER 7, 2011

Julian Construction Blog. Partner, Julian Construction. « Julian Construction Shares Tips For Maintaining A Foundation | Main. Julian Construction Warns Public: Check Credentials Of Contractor » 12/07/2011. Also verify that the contractor is insured and carries workers’ compensation. Shawn Kyles.

Contractors 45

Contractors Foundation Construction Permits 45

Construction Lawyer

APRIL 3, 2012

Werner Sabo is a partner at the construction law firm of Sabo & Zahn in Chicago. He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier.

Claims 40

Claims Agreement Illinois Subcontracting 40