Construction Dive

AUGUST 27, 2014

For construction projects incorporating a consolidated insurance program -- otherwise known as a “wrap” -- make sure there is adequate contract language in place to deal with such an arrangement, Sherman & Howard’s Christopher Mosley advised professionals attending a recent WPL Publishing webinar.

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Insurance Office Contract Deals 48

Construction Marketing

JANUARY 19, 2022

Insurance: It’s also crucial to ask your prospective contractor if they carry insurance coverage that protects you from their misconduct, accidents, and agreement errors. . By doing this, you’ll know which one offers quality HVAC services at a reasonable price and select the best deal among the choices. Bottom Line.

Contractors 240

Contractors Insurance Certification Deals 240

Construction Dive

APRIL 23, 2014

Here is the summary for the May 2014 addition: Many owners do not understand subcontractor’s default insurance … or the benefits that they can gain from it. ” Read more.' ” Read more.'

Insurance 48

Insurance Deals Budgeting Budget 48

Levelset

APRIL 15, 2022

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.

Insurance 52

Insurance Contractors Lien Claims 52

Construction Enquirer

JULY 26, 2023

Insurance giant L&G is being forced to dismantle homes built during its short loss-making foray into manufacturing modular housing. Some of them are understood to have been offered sweetners of thousands of pounds so that they can keep their mortgage deals.

Foundation 89

Foundation Insurance Deals Housing 89

Constructlaw

DECEMBER 5, 2022

NEW YORK – Troutman Pepper, as specialty construction counsel, represented a consortium of investors consisting of Vantage Airport Group, JetBlue, American Triple I, and RXR Realty in a deal to build, finance, and operate a new US$4.2 The financial close of the deal was announced on November 17. Kennedy International Airport (JFK).

Airports 52

Airports Deals Equity New York 52

Contractor Bookkeeping

APRIL 30, 2021

One of the biggest struggles construction business owners deal with is the overwhelming amount of paper they have to organize as part of their everyday tasks. Invoices, receipts, bills, contracts, client records, pay applications, insurances, licenses - are just among the few in the seem to be never-ending "etc.".

Contractors 66

Contractors Insurance Contract Deals 66

Construction Marketing

JANUARY 18, 2018

Insurance Cover is Crucial. You should protect your interests by confirming whether the commercial contractor you intend to hire is covered by insurance. If they don’t have insurance for their workers, you should not consider doing any business with them. Such roofing contractors are nothing but a looming liability. Experience.

Commercial 121

Commercial Contractors Insurance Injury 121

FDR Safety

NOVEMBER 20, 2012

Here are some tips for dealing with these kinds of situations: 1) Ensure you have a detailed contract outlining the responsibilities of each company in great detail. 2) Ensure operators are certified for your site and your forklift equipment and are completely competent to operate it.

Safety 120

Safety Insurance Employment OSHA 120

Construction Law Monitor

JULY 10, 2012

I was recently speaking with a client about the posture of a pending case and the client was surprised to know that nearly all of the insurance companies that were originally brought into the suit had whittled their way out due to policy limitations, lack of coverage and policy exclusions. This is simply not the case.

Insurance 54

Insurance Claims Louisiana Maine 54

Pro Builder

NOVEMBER 17, 2020

A Carolina home builder teamed up with an insurance expert to help builders figure out each step of their plan for when a worker gets injured. When that happens, there should be another plan in place. Read more to see what they suggest.

Compensation 76

Compensation Plans Accidents Insurance 76

Levelset

SEPTEMBER 16, 2022

If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.

Insurance 52

Insurance Liability Claims Contractors 52

Safety Services Company

OCTOBER 16, 2023

In that case, the responsibility of dealing with workplace accidents or unsafe job sites will fall upon them, causing legal issues. You must upload 3 years of OSHA logs, Insurance (COI & EMR), and Safety programs (RAVS®). Unlicensed contractors do not have the necessary documentation to prove their skills.

Management 110

Management Contractors Safety OSHA 110

Construction Marketing

JULY 30, 2019

Consider Insurance and License. Dealing with a plumber that is licensed by the municipal helps in protecting your interests as a homeowner. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. Price and Warranty.

Contractors 120

Contractors Insurance Compensation Liability 120

Construction Law

DECEMBER 5, 2023

Thomas King of Pinsent Masons LLP analyses recent case law with implications for the process of sampling and extrapolation which allows cost effective ways of dealing with complex claims. There are pitfalls for the unwary, he warns – and for the insurers as well. Claims Building a case by extrapolation – should failure be the default?

Construction 52

Construction Insurance Claims Procurement 52

Fieldwire

JANUARY 25, 2022

Setting up a good game plan that deals with risks for every construction project is one of the first stepping stones to achieving project success. Sam Meenasian is the Operations Director of USA Business Insurance and BISU Insurance and an expert in commercial lines insurance products. Image source: Business 2 Community.

Risk 59

Risk Plans Insurance Construction 59

Viewpoint Construction Technology

MAY 15, 2018

Insurance and bonding requirements. Building codes , insurance requirements and bonding requirements can vary by location, though. When you’re dealing with compliance, you need to have easy access to information and make data visible throughout your organization. Building codes. Credit and background checks. Lien requirements.

Management 141

Management Regulation Construction Documentation 141

Construction Marketing

FEBRUARY 17, 2022

Your lender may also need a prepaid homeowners insurance policy, including the builder’s risk coverage, to ensure you’re financially protected should anything go wrong during the construction process. Compare their down payment, loan rates, and terms to find the best deal. How to choose a construction loan lender.

Construction 267

Construction Budgeting Budget Drawings 267

Contractor Bookkeeping

MAY 7, 2019

One of the biggest struggles contracting business owners deal with is the overwhelming amount of paper they have to organize as part of their everyday tasks. Invoices, receipts, bills, contracts, client records, pay applications, insurances, licenses - are just among the few in the seem to be never ending "etc".

Contractors 53

Contractors Documentation Insurance Accounting 53

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

Construction Law Monitor

AUGUST 27, 2012

As for dealing with insurance companies to make your claim. Concurrently with this you will need to put your insurer on notice of any and all claims. Look to your policy, insurer’s website, or the Louisiana Department of Insurance website for contact information on your company.

Louisiana 62

Louisiana Insurance Claims Deals 62

Constructlaw

JANUARY 23, 2023

Practice Recognized for Major Deals, Litigation Wins in 2022 NEW YORK – For the second consecutive year, Troutman Pepper’s Construction Practice Group has been recognized nationally among Law360’s Practice Groups of the Year. The firm was among only four to receive the 2022 Practice Group of the Year designation in the Construction category.

Equity 52

Equity Construction New York Airports 52

Pro Builder

MAY 3, 2023

Having an agility mindset means you can better confront and manage labor shortages, higher insurance costs, supply chain disruptions, and cash flow challenges. Instead, seeing the symptoms should trigger a back-to-basics conversation to deal with the cause of the problem, rather than the signs of the problem.

Deals 52

Deals Cash Flow Management Forecasting 52

Pro Builder

OCTOBER 4, 2021

So investigate with your vendors, the electronics companies you deal with, and see if there is any kind of program that may be available where you can contribute your expired hardware and technology. PB: What's your recommendation concerning a construction company getting insurance protection against cyber incidents? .

Risk 97

Risk Defense Organization Insurance 97

Construction Marketing

FEBRUARY 22, 2021

With this approach, you can better understand and compare offers properly to get the best possible deal on your roofing project. . The second document is a letter from the contractor’s insurance company, which is addressed to you and serves as a confirmation that it covers the roofing project. . 6) A Roofing Project Can Be Noisy.

Materials 156

Materials Documentation Contract Contractors 156

Autodesk Construction Cloud

JULY 13, 2023

” You can also deal with the profit from there to be more competitive.” – Camille Hardin , Project Manager, Flint Builders Manage risk and costs Strategic construction professionals are always thinking about mitigating risks and lowering expenses. .” Insurance is a big deal.

Profitability 98

Profitability Risk Construction Autodesk 98

Pro Builder

OCTOBER 4, 2021

So investigate with your vendors, the electronics companies that you deal with, and see if there is any kind of program that might be available where you can contribute your expired hardware and technology to a program like that. It's not just a simple add on to a policy. Things like intrusion detection and prevention solutions.

Risk 98

Risk Defense Organization Insurance 98

Green Building Law Update

JULY 24, 2016

a lien) that is superior to the FHA-insured mortgage for delinquent regularly scheduled PACE special assessment payments. lien) superior to the FHA-insured mortgage for the full outstanding PACE obligation at any time (i.e., The guidance describes it as, the property may only become subject to an enforceable claim (i.e.,

Finance 120

Finance Lien Residential Commercial 120

Wolgast Corporation

JUNE 16, 2023

When he outgrew his initial office, he got a great deal on a warehouse that was easily adaptable to expand his business. For example, dumpsters, storage trailers, building permits, temporary electricity, barricades and insurance are a few types of things included in this category.

Construction 62

Construction Permits Electrical Estimating 62

The Korte Company

OCTOBER 12, 2018

He also sold insurance for the Prudential Insurance Company, and after that, he worked as a motorman for streetcars in St. This was no big deal. But 58 years after it happened, Ralph Korte still remembers the act of kindness from a man who was “a big deal” in town. There’s a jack-of-all-trades, and then there’s C.J.

St. Louis 69

St. Louis Illinois Insurance Modeling 69

CivilJungle

AUGUST 11, 2022

Specifically, it comes into play with RCE in the context of insurance. RCE insurance refers to the reconstruction cost estimate that will determine how much coverage you get. As with materials, construction companies are in high demand, dealing with heavy backlogs. But what does your home really cost?

Materials 52

Materials Estimating Insurance Housing 52

Construction Business Owner

OCTOBER 12, 2011

INSURANCE |. The point is that when dealing with a service or purchasing software, it’s important to have a Support department you can rely on. Usually the first department you talk to when dealing with a new company is Sales. While not absolutely necessary, it sure is a nice touch to deal with a real person.).

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

JULY 13, 2023

Insurance is a big deal. .” - Lisa Chen , Technical Sales Executive, Autodesk “Self-performing allows you to be more competitive because you're in control of the labor. As a general contractor, you can start thinking, "Okay, how can we put some of this work back into our own guys?"

Profitability 52

Profitability Risk Construction Autodesk 52

Construction Test

MAY 12, 2020

It states: “Any travel insurance policy purchased after coronavirus became a ‘known’ event in late January will not cover you for any delays, disruptions, cancellations or sickness that you may suffer as a result of coronavirus. Our travel insurance had this applied to it in early March.

Travel 26

Travel Insurance Deals IDEA 26

Autodesk Construction Cloud

AUGUST 29, 2023

Trust yourself Succeeding as a construction leader requires a great deal of self-trust. I reached out to two other CEOs from insurance and one in tech this morning, and I'm having lunch with them separately next week." I figured out the insurance part of it, the permitting part of it, hiring subcontractors, doing budgets.

Construction 52

Construction Industrial Insurance Zoning 52

Construction Law

MARCH 2, 2022

Alternative ways of bringing in the funds available from lenders like insurance companies and pension funds were being sought and various proposals involving hybrid public/private partnership type arrangements mooted. But it looks like little has emerged yet as a serious replacement for PFI.

Finance 52

Finance Transportation Commercial Infrastructure 52

Constructlaw

JANUARY 19, 2022

According to Law360 , 91 firms submitted nearly 900 nominations for the awards, which “honor the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.”. The firm achieved the national recognition for both its Construction and Energy practices. Construction Group of the Year. “We

Finance 52

Finance Legal Equity Commissioning 52