Safety Services Company

OCTOBER 16, 2023

For contractors, these come in the form of a process known as prequalification and contractor management. What is Contractor Management? Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards.

Management 110

Management Contractors Safety OSHA 110

Construction Business Owner

DECEMBER 4, 2023

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. These costs have surged due to a combination of factors, including supply chain disruptions, and high demand.

Insurance 156

Insurance Risk Security Contractors 156

Construction Business Owner

DECEMBER 14, 2012

BORDENTOWN, NJ (December 12, 2012) – Hundreds of insurance professionals attending the highly successful forum on “Contractors Professional Liability Insurance - A Visit with Underwriters” at the 32nd IRMI Construction Risk Conference in Orlando, Florida were recently rewarded with the expert insights of leading risk management executives discussing (..)

Liability 120

Liability Insurance NJ Contractors 120

Construction Dive

APRIL 10, 2019

As use of the technology expands, contractors, subs and other stakeholders should heed the safety and liability risks involved, an aviation attorney writes.

Contractors 123

Contractors Liability Risk Safety 123

Construction Business Owner

OCTOBER 31, 2013

However, participants should enter this new modeling world recognizing that these opportunities come with costs and risks. Understanding the risks associated with BIM can help contractors manage and make the most of this new technology.'

BIM 191

BIM Liability Modeling Risk 191

Construction Marketing

JULY 11, 2022

If you want to be a contractor, being licensed and bonded will have a major impact on your ability to work in the city and state where you live and work. Many state and local governments require that contractors who perform work above a threshold amount obtain licenses. What Are Surety Bonds? Bond Types.

Contractors 156

Contractors Legal Bidding Contract 156

Construction Business Owner

JULY 18, 2019

The indemnity provision protects an owner or general contractor from exposure to liability if a loss occurs during construction. But if they're not structured properly, you could be at risk. Read all you need to know here. . .

Agreement 185

Agreement Liability Risk Contractors 185

Construction Dive

JULY 24, 2018

Taking responsibility for even a small portion of the design can expose contractors to increased liability. Here's how to limit the risks.

Risk 95

Risk DOT Liability Design 95

NH Construction Law

AUGUST 21, 2022

This can put the obligee, whether an owner holding its general contractor’s performance bond or a general contractor holding its subcontractor’s performance bond, in a difficult spot. In Arch Insurance Co. Graphic Builders LLC , 36 F.4th 4th 12 (1st Cir. ” Id. ” Id. ” Id. million,” id.

Liability 40

Liability Contract AIA Contractors 40

Safety Services Company

DECEMBER 1, 2023

Two contractors working for a construction firm bid for projects in the same city —we’ll call them Mark and Bob. Both contractors have operated with their firms for over 15 years, employ qualified workers, and boast high-level capability to take on major commercial jobs. Consider this! Here’s where things change.

Safety 110

Safety Bidding Contract Liability 110

Construction Marketing

OCTOBER 19, 2021

Having snow removal insurance is important, considering the risks and dangers of snow removal and deicing. Snow removal insurance can offer a wide variety of policies to protect contractors and their businesses. When it comes to the liabilities covered in the policy, it usually depends on the insurance provider or brokerage.

Insurance 188

Insurance Legal Compensation Injury 188

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. Regards, Mr. Ethics

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. Regards, Mr. Ethics

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. Regards, Mr. Ethics'

Risk 100

Risk Claims Insurance Liability 100

Contractor Bookkeeping

NOVEMBER 9, 2018

Content Specialist At Custom Contractors Insurance. Many people look at someone who has made it as a contractor and often find themselves wishing they were contractors too. After all, contractors are their own bosses, with flexible hours and, more often than not, a much-higher pay at the end of the day.

Risk 54

Risk Contractors Insurance Construction 54

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. Mon, 12/07/2020 - 06:00. Proactive Safety Measures for Cyberattacks.

Risk 92

Risk Construction Security Bidding 92

Viewpoint Construction Technology

FEBRUARY 14, 2018

Many contractors have been using this 3D design method for years now to improve collaboration, often with impressive results for efficiency and ROI. The ConTech Report points out that one day soon BIM might not be optional for contractors in the United States. It also reduces liability by enabling more accurate planning and management.

BIM 218

BIM Contractors Software Software 218

Construction Marketing

JUNE 14, 2022

All these pose risks to the health of these workers. . It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . When recruiting new workers, ensure they know all the risks they may encounter with their work. Inspect Your Machines Regularly.

Safety 343

Safety Site Construction Inspections 343

Constructlaw

NOVEMBER 22, 2022

the designer), the Kadney Company (the general contractor), Vergnet (the turbine supplier), and two different site engineers: Prudent Engineering, and Ravi Engineering and Land Surveying (the engineers). Two of the most notable risks are scope gaps, and as demonstrated in this case, liability gaps.

New York 52

New York Risk Claims Liability 52

Levelset

AUGUST 31, 2022

The Hartford provides insurance for a variety of contractor types, including plumbers, electricians, painters, and carpenters. They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. And they offer risk specialists to help your business minimize losses.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. But what if the general contractor isn’t at fault, and a subcontractor is to blame? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? General liability insurance. Luckily, that’s what insurance is for, right?

Insurance 52

Insurance Liability Accidents Risk 52

Construction Marketing

JULY 30, 2019

Plumbing contractors are the professionals that are trained to assemble, install and repair water pipes. While hiring a plumbing contractor can help in salvaging your home from a water crisis, it can also worsen a situation. Besides that, there is also the risk other unforeseen damages that can leave you counting losses.

Contractors 120

Contractors Insurance Compensation Liability 120

Levelset

SEPTEMBER 19, 2022

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The general contractor who bought the insurance policy is reimbursed for damages. First-party insurance examples.

Insurance 52

Insurance Liability Compensation Claims 52

Construction Law

APRIL 2, 2024

The government’s own net zero carbon targets are at risk if the speed of delivery of investments isn’t increased. CL guides Limitation on liability Our latest Construction Law Guides series article from Claire Turnbull of DLA Piper looks at limitations on liability. Permission to appeal has already been granted.

Construction 52

Construction Liability Risk Contract 52

Levelset

SEPTEMBER 16, 2022

The life of a contractor is a hectic one with most of the time spent on a jobsite — and a lot of places in between. As a contractor, you likely have a considerable amount of money sunk into tools of the trade. So, the list of contractors requiring this coverage is quite extensive. The answer would almost definitely be “no.”.

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

SEPTEMBER 14, 2022

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.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. Aside from owners and GCs, a government entity may want to see proof of liability insurance.

Insurance 52

Insurance Certification Contractors Liability 52

Construction Business Owner

OCTOBER 14, 2015

General contractors, subcontractors and business owners risk substantial financial loss if they enter into contracts that are not supported by their insurance program.

Insurance 120

Insurance Liability Risk Contract 120

Levelset

SEPTEMBER 20, 2022

Heating, ventilation, and air conditioning (HVAC) contractors must protect their business property while reducing the odds that a job-related accident or injury could financially harm their business. HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job.

Insurance 52

Insurance Contractors Liability Accidents 52

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. 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.

Insurance 97

Insurance Contractors Construction Claims 97

Construction Equipment

MAY 12, 2016

Chubb has issued an advisory entitled New Business Models, Technology Raise Professional Liability Risks for Contractors , outlining the risk of cyber threats associated with new technology used in the construction industry.

Risk 48

Risk Industrial Liability Modeling 48

Autodesk Construction Cloud

FEBRUARY 25, 2022

Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94

Safety Debt Liability Equity 94

NH Construction Law

MAY 20, 2023

A couple of years ago I blogged ( #101 ) on “pay-if-paid” clauses, which make a general contractor’s receipt of payment from the owner a prerequisite – a “condition precedent,” in legal terms – to its obligation to pay subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d

Contractors 40

Contractors Bargains New Hampshire Contract 40

Construction Business Owner

JULY 19, 2016

General contractors, prime or a higher-tier subcontractors working on a PW project are at risk. When undertaking a PW project, you assume PW obligations, responsibilities and liabilities. This article focuses on federal Davis-Bacon (DB) and related provisions, but state and local frameworks often mirror DB principles.

Defense 120

Defense Liability Regulation Risk 120

NH Construction Law

DECEMBER 19, 2021

When a contractor abandons or is terminated from a construction project before substantial completion, one of the first tasks for the owner/developer (or for the contractor’s performance bond surety if such a bond exists) is to locate and hire a completion contractor.

Contractors 40

Contractors Liability Bidding Contract 40

Lets Build

DECEMBER 2, 2022

From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. It requires written standards that can be referred to at any time by employees, sub-contractors, and clients alike. A game of risk.

Management 156

Management Construction Risk Cash Flow 156

Safety Services Company

JANUARY 5, 2024

As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Understanding and mitigating these risks is crucial for ensuring the safety and well-being of you and your team if you’re working in such environments.

Safety 81

Safety Accidents Construction Risk 81