Remove Insurance Remove Liability Remove Risk Remove Safety
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Project Protection 101: Exclusive Insights for Cost Challenges

Construction Business Owner

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. These costs have surged due to a combination of factors, including supply chain disruptions, and high demand.

Insurance 156
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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

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Does GC Insurance Cover Subcontractors?

Levelset

General contractors know these risks when they take the role. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy? GC insurance & subcontractor coverage. General liability insurance.

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Can a Property Owner File a Claim Against the Contractor’s Insurance?

Levelset

In most cases, that’s what insurance is for, and the contractor will typically initiate a claim against their policy to take care of it. But who can actually file a claim against the contractor’s insurance? And what if the insurance won’t cover all or some of the costs? Contractor liability for property damage.

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio .

Safety 94
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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards. Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work. What is Contractor Management?

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Construction Law: April 2024

Construction Law

The government’s own net zero carbon targets are at risk if the speed of delivery of investments isn’t increased. CL guides Limitation on liability Our latest Construction Law Guides series article from Claire Turnbull of DLA Piper looks at limitations on liability.