Remove Agreement Remove Foundation Remove Insurance Remove Liability
article thumbnail

Does GC Insurance Cover Subcontractors?

Levelset

Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? While there isn’t a cut-and-dry answer to these questions, we’ll take a deeper look into insurance coverage and what happens in these situations. Who is covered by an insurance policy?

article thumbnail

#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

2002) (“Thus, the liability of a surety and its principal on a Miller Act payment bond is coextensive with the contractual liability of the principal only to the extent that it consistent with the rights and obligations created under the Miller Act.”). Foundation Constructors, Inc. , Foundation Constructors, Inc. ,

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

INSURANCE |. 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. This agreement ensures that a contractor will perform all of the duties they agreed to in the bid they placed, abiding by the terms of that government-sanctioned project.

Cash Flow 168
article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. No work should ever be performed based on verbal agreements.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Insurance - Is critical to your construction company. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. No work should ever be performed based on verbal agreements.

article thumbnail

constructionattorneyblog: Louisiana does not give res judicata effect.

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. Liquidation Agreement did not supercede agreement to arbitrate. Unlimited liability for designers and contractors. In Greer v.

article thumbnail

Economic Loss Doctrine bars Nevada claims against Architect

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. The design of the foundation was premised on their analysis, which proved to be faulty. Unlimited liability for designers and contractors.

Nevada 40