Levelset

SEPTEMBER 7, 2022

In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments. A variety of insurance policies—some legally required and others optional—serve as a form of risk transfer, meaning that they shift risk away from the contractor and onto insurance companies.

Liability 52

Liability Insurance Injury Contract 52

Levelset

SEPTEMBER 2, 2022

While E&O is not usually a legal requirement, many construction professionals take out an E&O policy to protect themselves against potentially devastating financial losses resulting from negligence. A construction contract creates a legal responsibility for the contractor to fulfill certain obligations to another party.

Insurance 52

Insurance Liability Claims Construction 52

Building Information Management

APRIL 24, 2016

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.

Contract 40

Contract Contractors Materials Site 40