Levelset
SEPTEMBER 23, 2022
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, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity. Wrap policies (OCIP/CCIP).
Levelset
SEPTEMBER 6, 2022
In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The AI benefits from some or all of the liability coverage extended to the policyholder. AI endorsements are often required as part of the construction contract.
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Levelset
SEPTEMBER 20, 2022
Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. The contract may ask that each sub carry a liability amount of $2 million, for example. The policy includes two main components that help protect the financial standing of the business.
Levelset
MAY 23, 2022
Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong. Learn more: Schedule Delay – How to Assess & Reduce Impact in Construction. Even a short interruption in work can lead to big financial losses.
NH Construction Law
JUNE 30, 2022
Contracting parties contemplate the possibility of delays, and often include contract language to address them – sometimes with clauses precluding a contractor from any monetary compensation for delays, even owner-caused delays. Sarasota County v. Southern Underground Industries, Inc. , 3d 285, 288 (Fla. 2d 132, 140, 118 N.E.2d
Construction Cost Estimating
AUGUST 24, 2016
The candidate has to take liabilities for testing of soils, foundations, reinforced and post-tensioned concrete, masonry, structural steel, fire proofing and asphalt pavement. Scheduling, training and oversight of field technicians. Duties and Responsibilities: Mainly perform with management of construction materials testing projects.
Chianelli Estimating
AUGUST 6, 2020
longer completion times affecting sequencing and finish dates, additional scheduling & sequencing. Insurances; Workers compensation, General Liability, Risk. social distancing, staggered start times, wide-ranging disinfection for tools, work surfaces, equipment, machinery and hands. cost overruns. many more not listed…….
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