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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond? Thus the liability of the company as surety is coextensive with that of the principal.” United States ex rel. 27, 29 (1959).

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What Certifications Does A Crane Need To Operate On Construction Sites?

Construction Marketing

A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. Promoting safety in construction sites involves ensuring operators understand standard procedures, equipment inspections, load calculations, and hazard identification.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. Finally, the GC’s policy won’t provide any coverage for tools, equipment or vehicles.

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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. Liability insurance based upon local contractor rates is also added as a percentage. In addition, highly specialized subcontract items may require travel and per-diem expenses for mechanics. Equipment Costs. Material costs are either.

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What Is an Installation Floater?

Levelset

” You may already have an insurance policy that offers coverage for business property and general liability. This broader category of commercial insurance is designed to cover things like building materials, tools, or equipment, regardless of where these items travel. . Who needs installation floater insurance?

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Each field of subcontracting work has its own area of focus in insurance matters. Liability for damage. Read More: First-Party vs. Third-Party Insurance: What’s the Difference?

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#70:  Owner and GC Tort Duties to Subcontractor Employees

NH Construction Law

A&M’s subcontract required it to assume full responsibility for implementing safety programs on the project, to maintain all work areas in a safe manner, and to furnish all safety equipment. Steven Grady was an employee of A&M, a roofing subcontractor to Jones Lang on a project in Dover owned by Liberty Mutual.