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What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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Considering a Job Order Contract?

Job Order Contracting

Assure JOC program processes and structure mutually benefit your organization and awarded JOC contractors and can be implemented without the need for paid on-site “JOC consultant” 2. Establish a process to prequalify all subcontractors, requiring them at a minimum to be licensed, insured, and have sufficient relevant experience.

Contract 205
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AIA???s Updated Design-Build Documents Highlight Some Best Practices

Best Practices Construction Law

The American Institute of Architects (AIA) recently released seven updated documents in its design-build family. AIA Documents Overview. The key document is, of course, the agreement between the Owner and the Design-Builder. ” Practice Point.  Of course, any form document will give you a good starting point.

AIA 54
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Some vital construction documents for a construction project

Construction Cost Estimating

If it is required to develop a new building or refurbish surviving property, the owner should have arranged a document so that the work & other portions of the construction project can be performed systematically. Each construction project should comprise of crucial documents that generally form the part of every construction contract.

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Expert Discusses Recent Changes to EJCDC’s Standard Contract Documents

Construction Dive

The document’s provisions addressing insurance represent one of the four categories containing the “most significant” changes made to C-700, a document that he characterized as “the lynchpin” within the organization’s Construction Series of documents. ” Read more.'

EJCDC 48