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Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

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.

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NAHB Chairman's Message: Proposal to Create Climate Risk Committee

Pro Builder

NAHB Chairman's Message: Proposal to Create Climate Risk Committee. NAHB will continue to be the housing industry’s voice regarding climate issues, with NAHB's Leadership Council recommending the creation of a new Climate Risk Committee. Does Access to Flood-Risk Data Impact Homebuyer Decisions? Wed, 11/30/2022 - 16:18.

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Why your general contractor needs to have insurance

Lets Build

While it’s true that life is a gamble, you should never risk what you can’t afford to lose. This principle holds weight in many different aspects of life, especially those that involve substantial risk – hiring a general contractor included. Though it’s relatively cheaper, going for an uninsured contractor isn’t a good idea.

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Fast-tracking construction projects offers both risk and reward

BD+C

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

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Some Lenders Now Offer Bargain Mortgages, but Experts Say They May Not Be a Good Idea

Pro Builder

Fellow lender Rocket Mortgage soon followed in its footsteps, announcing this week the launch of a similar program called One+, which doesn’t require borrowers to pay private mortgage insurance, or PMI that traditionally kicks in with down payments of less than 20%, Realtor.com reports.

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Construction Risk Management: What to do when your project goes wrong

Lets Build

There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. In other words, you can’t really define risk on the exact same way in every construction project. Even within the same project, there may be distinct sources of risk. Types of risk in construction.

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35th IRMI CRC Educates to Protect

Construction Business Owner

The 35th International Risk Management Institute Inc. IRMI) Construction Risk Conference (CRC) was held November 8-11 at Caesars Palace in Las Vegas, Nevada.

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