article thumbnail

Insurers expect rise in fraudulent claims as economic conditions continue to bite

Construction Law

Construction insurance will experience increasing impacts from the accelerating spread of Artificial Intelligence technology across the industry, warns law firm RPC in its Annual Insurance Review. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

article thumbnail

Unit Price Construction Cost Estimating

Job Order Contracting

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. for the local market. Contact Us.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insurers call for pilot investment projects to support green investments

Construction Law

UK insurers want to start pilot investment projects with local and national government to develop funding models that might include new public-private partnerships to help deliver a potential £100 billion of investment unlocked by post-Brexit regulatory reforms into green infrastructure projects.

article thumbnail

Grenfell reform may extend to procurement

Construction Law

Specialist contractors have called on powers to be given to the new Building Safety Regulator to police procurement practices as well as health and safety. In her review Dame Judith said building safety was compromised by poor procurement practices such as a focus on lowest price.

article thumbnail

Construction Law: December 2023

Construction Law

Editor’s comment Evolution can disrupt more than revolution The new Procurement Act comes into force next year. Insurance The moment of truth – making a claim Our insurance expert John D Wright of JD Risk Associates looks at the process of making a claim under an insurance policy, which generate a lot of court attention.

article thumbnail

Construction Law: October 2023

Construction Law

Editor’s comment Procurement slammed in Edinburgh Tram inquiry report Editor Nick Barrett laments the ‘litany of failures’ identified in Lord Hardie’s report into the Edinburgh Tram fiasco. Lessons must obviously be learned for future procurements; but none of them are new.

article thumbnail

Construction Cost Audit Fundamentals

Job Order Contracting

This includes pre-construction and planning phase activities including initial owner scope of work as well as all related planning, procurement, and project management processes. A construction cost audit and associated checklist are important risk management and LEAN construction planning, procurement, and project delivery tools.