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.
Levelset
JUNE 3, 2022
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. It also helps contractors manage cash flow during a loss. Project loss insurance coverage.
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Green Building Law Update
FEBRUARY 12, 2014
Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP).
Safety Services Company
OCTOBER 6, 2023
Staying compliant, including meeting internal standards, is crucial for legal requirements and stakeholder trust. To simplify the process, you can utilize contractor management services. What are Contractor Management Services? Contractor management service providers help contractors become prequalified for contracts and jobs.
Levelset
MARCH 31, 2022
In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.
Safety Services Company
FEBRUARY 13, 2024
Let’s get some clarity on some of this year’s FAQs about Contractor Management platforms and how you can conquer each quarter! Staying current through the annual update is essential for contractors to legally and safely conduct work on regulated properties and projects. To receive it, talk to your workers comp insurance carrier.
Construction Business Owner
OCTOBER 20, 2014
This affects the management of the project, insurance, bonds and, ultimately, profit on a project.' As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase.
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