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#92:  Lost Profits and Waivers of Consequential Damages

NH Construction Law

This mutual waiver includes: 1 damages incurred by the Owner for rental expenses, for losses of use, income, profit, financing, business and reputation, and for loss of management or employee productivity or of the services of such persons; and.2 A commercial owner's lost profits will always be of the latter type.

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5 Safety Precautions For Multi-Level Construction Sites

Construction Marketing

Doing so promotes workers’ health and can increase your firm’s overall productivity. It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . They help simplify the work, thus enabling your workers to be more productive. Inspect Your Machines Regularly.

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YOUR PERSONAL LIABILITY FOR WORKPLACE SAFETY

Safety Services Company

Safety must be the foundation of every activity in your organization, because not only is it the keystone of productivity and profitability, but a responsibility for which you are expressly liable. Keep in mind that many liability lawsuits have arisen from negligence occurring after training; formal initial training is not enough.

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Collaborative Construction Solution – Public Sector

Job Order Contracting

The Public Sector facilities management sector has long suffered from poor productivity growth and high levels economic and environmental waste. The over-riding goal of most contractor becomes minimizing the cost of performing the agreed scope or activity and maximizing profit. All that is needed is owner leadership and commitment.

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Pricing to Maximize Profits

PSMJ Resources

Fees must adequately cover training, professional development, ample profit, and future liability. The productivity improvements from BIM, 3D CAD or 4D CAD have tended to benefit the client, with lower price and speedier delivery, more than they have benefited design firms.

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Fixing Contractor Profit Drains Leads To Easy Profit Increases

Contractor Bookkeeping

Contractors That Do Not Earn Large Profits see contractors bookkeeping services as overhead which leads to the following profit drains: They get a cheap computer, tiny monitor, garbage printer, tiny desk and broken down chair that even the dog would not sit in and tell the bookkeeper this is all the company can afford.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . It’s prudent to look back and realize that potential liability doesn’t end when the project is completed.