article thumbnail

Understanding Design Defect Legal Liability

Construction Business Owner

Design and construction services on projects are more integrated now than ever before. As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase.

Liability 207
article thumbnail

General Liability vs. Professional Liability: What’s the Difference?

Levelset

Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. The two most common liability insurance policies for contractors are general liability and professional liability. What are general liability and professional liability insurance?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Public Procurement of Construction Services

Job Order Contracting

Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers. Ballard, G.,

article thumbnail

Design Professional Liability Insurers: Brace For More Price Hikes

ENR Construction

A survey by broker Ames & Gough notes planned increases for the third consecutive year.

article thumbnail

Defining Diligence & Scope of Work

Construction Business Owner

The errors and/or omissions related to engineering and architectural designs, land surveys, construction management and technical consulting are just a few of the areas where problems can lead to significant professional liability issues.

Miami 317
article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Construction sites are full of activity due to moving parts and heavy machinery. Crane and rigging insurance are policies designed to mitigate potential consequences to construction companies that own, operate, rent, set up, or move cranes. These hefty costs can sink your business if you aren’t insured.

Insurance 168
article thumbnail

How Do You Find the Right Project Coverage?

Construction Business Owner

No matter whether it is designed to protect owners, architects, engineers or general contractors, the securing of project professional liability coverage can be complicated. Professional liability exposure exists for the construction period plus the applicable Statute of Repose, often meaning a total of 10 or more years.

Liability 240