Levelset

SEPTEMBER 6, 2022

An insurance policy rarely meets every contractor’s needs out of the box. One of the most common endorsements you’ll likely encounter involves additional insured (AI) parties. In this article, we’ll explain additional insured endorsements, and how they work in construction. What is an additional insured?

Insurance 52

Insurance Liability Construction Contract 52

Levelset

APRIL 8, 2022

Restoration contractors often work on a property after damage from a storm, fire, or other natural disaster. 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 homeowner insurance policies. Insuring agreement.

Insurance 52

Insurance Claims Agreement Lien 52

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? How insurance endorsements work.

Insurance 52

Insurance Liability Equipment Agreement 52

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

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. The basics of retainage Retainage, also called retention, is an amount withheld from the contractor until a later date.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

NH Construction Law

SEPTEMBER 28, 2021

Sphere Drake Insurance, PLC , 202 F.3d 2000) (“We adhere to our view that one-sided agreements to arbitrate are not favored.”). A legal doctrine called “mutuality of obligation” – or in lay terms, if both sides are not bound, neither side is – comes into play here. 3d 71, 81 (1st Cir.

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

Best Practices Construction Law

FEBRUARY 25, 2014

Well, in a recent construction dispute in Maryland, “the Man” was the owner’s insurance company. The construction manager was a joint venture between Perinit Building Company and Turner Construction Company (the “Contractor”). The Insurance Claim. In Perini/Tompkins Joint Venture v.

Insurance 59

Insurance Maryland Claims Construction 59

Construction Law

APRIL 2, 2024

Legal terms explained Kyle Melville of Herbert Smith Freehills LLP explains what is meant by Scott Schedules. Insurance Assessing the Design and Build Risk Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available.

Construction 52

Construction Liability Risk Contract 52

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. What is a contractor license bond? What does that mean?

Contractors 52

Contractors Claims Oregon Residential 52

Constructlaw

FEBRUARY 7, 2023

Fire broke out, resulting in a loss that was paid by the owner’s builder’s risk insurance. The builder’s risk carriers — subrogated to the rights of the owner — then sued the prime contractor, its subcontractor, and sub-subcontractor for negligence. This case involved the restoration of an old building in New Orleans.

Louisiana 52

Louisiana AIA Insurance Contract 52

Construction Marketing Ideas

MARCH 11, 2016

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. I’m not a lawyer, of course, and wouldn’t think of providing specific legal advice to anyone reading this blog.

Legal 48

Legal Consulting Subcontracting Industrial 48

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

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 and Infrastructure Law

FEBRUARY 6, 2018

The new law puts the onus on direct contractors to not only monitor their own payroll practices, but to ensure that their subcontractors and lower tier subcontractors are engaging in proper payroll practices. AB 1701 does not afford individual workers a direct right to sue contractors. Section 2810.3

California 49

California Contractors Liability Employment 49

Levelset

JUNE 29, 2022

But because of the inherent dangers on construction jobsites, contractors are under close scrutiny for compliance. Top 10 OSHA violations by contractors. prohibits contractors from requiring employees to work “in surroundings or under working conditions which are unsanitary, hazardous, or dangerous to his health or safety.”

OSHA 52

OSHA Inspections Construction Safety 52

Construction Law Monitor

MARCH 6, 2012

Just the other day here at Wolfe Law Group , I had to do so research for a client on the licensing rules for contractors. This got me thinking that many contractors and hiring parties do not necessarily know the rules that govern contractors of all types. Home Improvement Contractors ( La R.S. 37:2150 et seq. See La R.S.

Louisiana 68

Louisiana Contractors Certification Contract 68

Construction Business Owner

AUGUST 18, 2011

INSURANCE |. Many State and Federal projects require a contractor to be bonded. 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. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. STRATEGY |.

Cash Flow 168

Cash Flow Software Software Accounting 168

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

Contractor Bookkeeping

JUNE 15, 2012

New Contractor's Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs. Now that's stressful.

Contractors 48

Contractors Insurance Claims Lien 48

Constructlaw

SEPTEMBER 10, 2020

For public contractors, as the current backlog of work is burned off, the scarcity of future work can significantly strain cash flow and possibly the viability of the company. Having an understanding of all insurance policies, coverages, union agreements and your obligations as an employer is vital.

Industrial 52

Industrial Union Contract Claims 52

Julian Construction

DECEMBER 7, 2011

Julian Construction Warns Public: Check Credentials Of Contractor » 12/07/2011. Hiring a Contractor. While some homeowners prefer to do the work themselves, many construction and remodeling jobs will require hiring either a general building contractor or specialized contractor.

Contractors 45

Contractors Foundation Construction Permits 45

Construction Lawyer

MAY 30, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. A Legally Inclined Weblog. >.

Liability 40

Liability Contractors Design Minnesota 40

Construction Lawyer

DECEMBER 28, 2007

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. A Legally Inclined Weblog. >.

Agreement 40

Agreement Illinois AIA Chicago 40

Construction Lawyer

OCTOBER 18, 2006

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. A Legally Inclined Weblog. >.

Agreement 40

Agreement Illinois AIA Chicago 40

Construction Lawyer

APRIL 30, 2012

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. A Legally Inclined Weblog. >.

New York 40

New York Lien Contractors Illinois 40

cnstrctr

JANUARY 4, 2020

It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. As not every project is the same, there are various types of contracts between the owner and contractor which depending upon which is chosen can change your responsibilities drastically.

Contract 88

Contract Construction Finance Documentation 88

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

Job Order Contracting

FEBRUARY 20, 2018

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. It is also expected that during certain time of the year project loads may be significantly higher and contractor staffing should reflect these needs.

Contract 100

Contract Organization Change Orders Overhead 100

Construction Marketing

FEBRUARY 11, 2021

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. Roofing isn’t a one-person job; you’ll need, at least, two roofing contractors to work on a single site. 9) Legality and Taxes. 13) Business insurance.

Insurance 295

Insurance Liability Legal Compensation 295

Levelset

MAY 16, 2022

In Pennsylvania, contractors working on residential projects need to be aware of the Pennsylvania Home Improvement Consumer Protection Act. The Act establishes a registration program for home improvement contractors, along with required contract provisions, minimum insurance coverage, and more. Project details.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98

Construction Law Monitor

AUGUST 24, 2012

I recently found a good article on JDSupra.com , always a great source for solid legal content, regarding California Senate Bill 474. This Bill protects subcontractors when contracting so that they cannot be held liable to indemnify the general contractor or owner from certain types of negligence.

California 54

California Subcontracting Contract Legal 54

Construction Lawyer

APRIL 20, 2006

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. A Legally Inclined Weblog. >.

Insurance 40

Insurance Illinois AIA Chicago 40

Constructor Marketing that Works

JANUARY 3, 2013

Contractor Marketing That Works. HVAC Marketing, Plumbing marketing, Electrical contractor marketing can be tough. Youll find info on Yellow Page ads, Customer Retention Newsletters, HVAC Marketing PowerPacks, Marketing Plans, plus sites for dozens of free contractor marketing reports to make your life easier. Accept the Norm.

Contractors 45

Contractors Electrical Insurance Site 45

Construction Law Monitor

MARCH 28, 2011

What’s great about her post is that it discusses a very legal topic – construction contracts – from the perspective of someone in the business. For example, you will likely talk through an agreement pertaining to the price for labor as well as set deadlines for certain aspects of construction to be complete.

Contract 50

Contract Legal Construction Documentation 50

Contractor Bookkeeping

JUNE 20, 2014

New Contractor''s Levels of Stress. You Quit Your Job - And started a construction business only to discover you need a contractor’s license and bond. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs. Now that''s stressful.

Insurance 48

Insurance Construction Accounting Claims 48

Levelset

JUNE 13, 2022

In the State of New York, contractors working on certain residential projects need to have a good understanding of the NY Home Improvement Contracts Act. Here’s what NY residential contractors must include (and what can’t be included) in a New York home improvement contract. Law §395-A.

New York 52

New York Contract Residential Contractors 52