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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

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Professional Liability Insurance Explained

Levelset

Professional liability insurance protects against claims related to professional negligence. Some other forms of insurance that are key for construction businesses include: Worker’s compensation General liability Builder’s risk Subcontractor Default Insurance Inland Marine. What is professional liability insurance?

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Job Order Contracting – Best Practices Implementation

Building Information Management

The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Non-Discrimination. The Contractor shall not discriminate against any person because of race, sex, age, creed, color, disability, religion or national origin.