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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. Even though professional liability is not usually required for most contractors, it’s extremely common to take out this kind of insurance policy to avoid the devastating losses that could come from a lawsuit. What is professional liability insurance?

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Job Order Contracting – Best Practices Implementation

Building Information Management

The Contractor shall furnish as part of its overhead cost, included in the coefficient, all necessary protective equipment, concrete mixing boxes, water barrels, wheelbarrows, hoes, shovels, tools, mortar boards, ladders, portable scaffolding, shop tools, hand tools, shop equipment, and fabricating items customary to the trade, etc.,