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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.

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Home Builders and Developers Beware: SC Supreme Court Beats Up Hybrid Arbitration Clauses Mercilessly

Best Practices Construction Law

Today’s guest post is by one of my favorite construction lawyers and friends, Burr partner Ned Nicholson in our Columbia, SC office. Ned regularly represents clients in construction defect and compensation claims, manufacturer/dealer disputes, and insurance coverage lawsuits. He is also a South Carolina certified mediator. Reynolds v.

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Top OSHA Violations in Construction (2021)

Levelset

The much bigger cause for financial concern is workers’ compensation insurance. Workers’ compensation insurance. Because construction is a dangerous industry, workers’ compensation insurance is expensive even without an OSHA violation on your record. Legal fees. On-demand legal help you can afford. Compliance cost.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Our customers told us they wanted to be able to access Spectrum anywhere – whether they were in the field, the office, or snowed in at home. Once you pull up a job screen, you’ll instantly see all of the links related to that particular screen, such as vendors, subcontracts, and cost projections. STRATEGY |.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. Field Office Expense. Field Office Personnel. Main Office Expense. Insurance, fringe. may not, be identified in the UPB.

Contract 100
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From Zero to Hero: Construction Risk Management

Safety Services Company

Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project. Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid.

Risk 62
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From Zero to Hero: Construction Risk Management

Safety Services Company

Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project. Legal Risks. These legal binding documents detail how long the project would last and how much contractors would be paid.

Risk 62