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How to Manage Catastrophic Construction Risk

Construction Business Owner

How to Manage Catastrophic Construction Risk. Manage construction risk on your construction projects better with a CPrL professional liability policy. Elizabeth Manning. Tue, 04/21/2020 - 11:58.

Risk 335
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Managing Professional Liability Loss Exposures

Construction Business Owner

Managing professional liability risks in construction can be difficult. Although not all-inclusive, the following practices should enhance your risk-management strategy and reduce your long-term exposure to unforeseen professional losses.

Liability 136
professionals

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NexTraq Boosts Safety & Liability Offer

Construction Equipment

NexTraq is improving its Safety and Liability Protection offer for its Dashcam by adding feature updates to the high-definition vehicle incident camera system solution. Fleet managers will now be able to request specific videos and images for specific dates, times, or locations for insight into…

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Understanding Design Defect Legal Liability

Construction Business Owner

Owners, contractors and designers must understand their potential liability for design issues on a project before the project starts. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability 207
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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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Construction quality management: Everything you need to know

Lets Build

From a builder’s perspective, many potential risk factors can be anticipated and pre-emptively resolved by developing a construction quality management plan. What is construction quality management? Construction quality management is broadly similar to project management. Changes to the scale or scope of client demands.

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Navigating Construction Cash Flow Challenges, Myths, And Facts

Contractor Bookkeeping

The driving force keeps your business engine running smoothly, covering all your liabilities. Managing cash flow is a vital part of running a successful construction business. Some contractors think managing cash flow means tracking how much money enters and leaves their business, but more goes into it.

Cash Flow 104