Remove Compensation Remove Liability Remove Risk Remove Safety
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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio .

Safety 94
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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Regardless of the type of injury in the workplace, whether due to falling debris or poor safety practices, someone is always liable. Whoever is responsible for breaching their duty of care should compensate for the injuries. If the construction company fails to keep the site safe, they could face liability.

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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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Does GC Insurance Cover Subcontractors?

Levelset

General contractors know these risks when they take the role. If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability insurance. Builder’s risk insurance.

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What Happens When You Don’t Wear PPE?

Work Gearz

Your Personal Protective Equipment (PPE) keeps you safe in the workplace from hazardous conditions that pose a threat to your safety. However, for every cooperative employee, there is one who does not take their safety seriously. . Eye and facial protection can be provided via safety goggles, glasses , and complete face shields.

Injury 52
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Unlimited liability for designers and contractors

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk. Unlimited liability for designers and contractors. The statute of repose (similar to a statute of limitations) expired by 1982, extinguishing any liability by Sverdrup. Copyright Notice. Disclaimer.

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Estimating- The New Normal

Chianelli Estimating

Safety has always been a vital part of building however now the added expense needed to comply with the new normal will wreak havoc. Insurances; Workers compensation, General Liability, Risk. The economic effects of COVID-19 will have immeasurable effects on the bottom-line. Office Utilities. Office personnel.