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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

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.

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Pollution Legal Liability Insurance More Valuable as a Result of High Court Ruling

Green Building Law Update

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).

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What is Project Loss Insurance?

Levelset

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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6 Benefits of Contractor Management Services

Safety Services Company

Hiring clients demand contractor compliance for cost savings and site safety. 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?

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FAQs About Contractor Management Platforms

Safety Services Company

Let’s get some clarity on some of this year’s FAQs about Contractor Management platforms and how you can conquer each quarter! Here are some key aspects of Annual Updates to note for contractor safety and compliance: Purpose – To review changes to safety laws, regulations, and site requirements yearly.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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7 Ways to Improve Construction Site Safety

Levelset

Unsafe practices on the site could lead to construction delays , legal fees to defend violations , and breach of contract if safety issues are non-compliant with contract terms. . 7 best practices to improve construction site safety. Create a comprehensive site safety plan. Work with your insurance provider.

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