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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

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What Are the Legal Safeguards for Getting Back to Work?

Pro Builder

“We’re seeing companies going to their vendors and subs seeking to amend or add language to contracts to include certifications that they will be complying with relevant public health guidance and to clarify who is responsible for what and also, to the extent possible, to try to get indemnification in case there is a claim,” says Jessica T.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

But hey, who ever said that general contracting was risk-free? Bottom line: There is no foolproof protection short of a payment bond, which adds a layer of expense that could narrow the field of available subcontractors.

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How Do I Create an Online Job Application?

ExactHire - Construction

You risk losing out if you require job seekers to open their email application, paste an email address, and attach their resume. Education requirements that go beyond the knowledge necessary for the job or questions about criminal history may make you vulnerable to discrimination claims.

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Why Projects Fail

Job Order Contracting

56% of trade contractors cite poor coordination and communication as negative impact on productivity 68% of trade contractors claim that poor schedule management is the top contributor to low productivity Only 22% of organizations use a PM software. Risk Assessment and Allocation in the UAE Construction Industry?, El-Sayegh, S.

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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, also called errors and omissions (E&O) insurance , is a form of risk transfer, meaning that the policy mitigates the risk a contractor faces in their line of work. Professional liability insurance protects against claims related to professional negligence.