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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Project owners or GCs will want a certificate of insurance proving that you have your own liability insurance. . Medical expenses, property damage, and legal defense costs can grow quickly. An uninsured business would likely not have the financial resources to pay a large legal settlement. Employment practices liability.

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Job Order Contracting – Best Practices Implementation

Building Information Management

Subcontracts. At the completion of the project, any savings associated with the Subcontract may be required to be passed along to the Order by way of a change order. At the time of project completion, the Contractor will submit a Certificate for Payment or similar document to be approved by the Owner JOC authority.