Green Building Law Update

OCTOBER 25, 2020

By way of background, a Phase I environmental site assessment is the process of evaluating a property’s environmental conditions and assessing potential liability for contamination. History says, ‘see you later.’”. And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.

Liability 156

Liability Site Environment Commercial 156

Safety Services Company

DECEMBER 1, 2023

With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. A Good Safety Record Presents You as a Lower Risk Liability Contractors frequently operate in risky and hazardous environments. Your safety and compliance track record. Let’s look at why that is.

Safety 110

Safety Bidding Contract Liability 110

Autodesk Construction Cloud

FEBRUARY 25, 2022

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94

Safety Debt Liability Equity 94

FDR Safety

APRIL 15, 2020

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. Cases like this leave us asking “what can be done?”. be hazardous?

Regulation 156

Regulation OSHA Feasibility Accidents 156

FDR Safety

APRIL 15, 2020

piece fell off the fixture because it wasn’t secured A rigger who pulled a stabilizing pin and an I beam slid off onto his foot A journeyman millwright who was under a 7500 lb. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. Cases like this leave us asking “what can be done?”. be hazardous?

Regulation 156

Regulation OSHA Feasibility Accidents 156

Levelset

SEPTEMBER 19, 2022

Third-party insurance , also known as liability or casualty insurance, protects insured individuals or businesses in situations where they may be liable for damages to another person or business — the third party. The roofer’s general liability insurance covers claims related to injuries related to the customer’s fall.

Insurance 52

Insurance Liability Compensation Claims 52

Levelset

SEPTEMBER 6, 2022

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The AI benefits from some or all of the liability coverage extended to the policyholder. Though not common, large and complex claims do occur.

Insurance 52

Insurance Liability Construction Contract 52

Federal Construction Contracting Blog

JANUARY 16, 2024

Following growing concerns within DoD that contractors were not consistently implementing the cybersecurity requirements of DFARS 252.204-2012, DoD responded with the creation of the CMMC Program in 2019 to move away from a “self-attestation” model of security. These affirmations are entered electronically in SPRS.

Certification 52

Certification Security Contract Defense 52

Levelset

OCTOBER 14, 2022

When you tackle the jobs you’ve secured, it’s also important to plan for the unexpected. In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Liability for damage. Each field of subcontracting work has its own area of focus in insurance matters.

Insurance 52

Insurance Liability Injury Compensation 52

Best Practices Construction Law

JUNE 21, 2022

The government argued that under the Sovereign Acts Doctrine actions taken by the United States in its sovereign capacity shielded it from contractual liability for those acts, including the actions taken in response to the COVID-19 pandemic. The contractor also sought 59 days of time extension for the period the project was inaccessible.

Contract 62

Contract Contractors Compensation Site 62

Levelset

SEPTEMBER 30, 2022

There are many policies that apply to a carpenter, but a simple business owner’s policy can include property damage and liability coverage. If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Does a carpenter need insurance?

Insurance 52

Insurance Liability Accidents Injury 52

Levelset

AUGUST 26, 2022

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.

Insurance 52

Insurance Liability Equipment Agreement 52

Levelset

SEPTEMBER 13, 2022

Contractor liability for property damage. General liability insurance helps limit the financial impact of those risks. Painting with a broad brush, general liability offers coverage against expenses caused by workplace accidents to anyone other than an employee or officer of the company (though policies may vary). None at all.

Insurance 52

Insurance Claims Liability Accidents 52

Construction Marketing

SEPTEMBER 24, 2015

A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Although public liability insurance is not a legal requirement, it should be regarded as essential. A business plan can pinpoint sales and forecasted revenue, and is necessary in securing finance from lenders.

Documentation 120

Documentation Insurance Legal Liability 120

Job Order Contracting

AUGUST 31, 2021

Just the opposite, traditional contractual incentives, such as liquidated damages and performance security, provide only negative incentives to ensure compliance with minimum requirements. The post Collaborative Construction Solution – Public Sector appeared first on 4BT.

Construction 124

Construction Procurement Liability Contract 124

Levelset

SEPTEMBER 12, 2022

” You may already have an insurance policy that offers coverage for business property and general liability. Frequently, the terms of a construction contract require that a sub be named as an additional insured on the contractor’s general liability policy. But, therein lies the rub. .

Insurance 52

Insurance Liability Risk Materials 52

Construction Law

MARCH 1, 2024

Defects The problem with RAAC: comparing liabilities, claims and remedies in Scotland and England Julie Scott-Gilroy of Morton Fraser MacRoberts LLP explains differences between how liabilities and claims and remedies relating to the use of RAAC differ between Scots law and the rest of the UK.

Insurance 40

Insurance Claims Safety Legal 40

Levelset

JULY 25, 2022

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

Debt 97

Debt Cash Flow Equity Finance 97

Pro Builder

DECEMBER 7, 2020

Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. Maintain copies of your sensitive or proprietary data in a separate and secure location, preferably offline or with a trusted cloud solution. . Ensure your anti-virus software is updated. .

Risk 92

Risk Construction Security Bidding 92

Levelset

OCTOBER 13, 2022

Aside from owners and GCs, a government entity may want to see proof of liability insurance. You may be seeking to work for a local, state, or federal government, and these bodies will want to know that you carry liability insurance before you’re awarded — or even considered — for a bid. When do I need to provide a COI?

Insurance 52

Insurance Certification Contractors Liability 52

Job Order Contracting

MAY 17, 2022

The Securities and Exchange Commission (SEC) proposal to require that public companies disclose climate-related information. The proposed rules contain a “safe harbor” for liability for Scope 3 emissions disclosure. ISO14064 Boundaries. Organizational. Equity share. Operational. Direct GHG emissions and removals. GHG/SEC Reporting.

Regulation 227

Regulation Risk Equity Organization 227

Construction Equipment

FEBRUARY 18, 2016

Zoomlion is a limited liability heavy equipment manufacturer that is owned in part by the People's Republic of China. The Financial Times reports that Zoomlion has secured financing for the transaction. Zoomlion reiterated its intention to absorb Terex into the Chinese company's fold on Wednesday.

Liability 48

Liability Finance Bidding Security 48

Contractor Connection

NOVEMBER 13, 2023

Temporary housing’s core purpose is to provide swift and secure shelter, helping policyholders regain a sense of normalcy while mitigating the additional financial burden they may face. Swift access to secure housing provides much-needed comfort and stability during times of crisis.

Housing 40

Housing Insurance Security Bidding 40

NH Construction Law

AUGUST 31, 2023

’” Security Fence Co. The contractor’s liability insurance may theoretically cover the same loss, giving the Owner a choice between claiming under its own property insurance policy or claiming under the contractor’s liability insurance policy. Association , 101 N.H. 190, 192 (1957) (quotation omitted).

Insurance 40

Insurance Liability Claims AIA 40

Levelset

SEPTEMBER 20, 2022

This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. What is HVAC contractor insurance?

Insurance 52

Insurance Contractors Liability Accidents 52

Green Building Law Update

MARCH 27, 2022

Securities and Exchange Commission voted 3 to 1 to issue a long awaited proposed new rule to mandate climate risk disclosures by public companies and other businesses in their supply chains. Last Monday, the U.S. The rule, which SEC Chair Gary Gensler acknowledges is based on the U.K.

Risk 156

Risk Consulting Materials Security 156

Levelset

SEPTEMBER 16, 2022

Additional coverage on your mobile business property can be obtained by amending your contractor’s insurance, or that protection could be secured through a standalone policy. A GC’s policy would extend general liability coverage to your subcontractor business. What is an equipment floater? The answer would almost definitely be “no.”.

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

OCTOBER 20, 2022

You pay pennies on the dollar for coverage that could range into the millions for general liability (GL) insurance, for example. General liability insurance : A GL policy may help cover the cost of bodily injury or property damage that occurs on a jobsite. General liability may help pay for the cost of repair. .

Insurance 52

Insurance Liability Electrical Accidents 52

Construction Marketing

JUNE 20, 2022

If the construction company fails to keep the site safe, they could face liability. Negligence in securing equipment, particularly when it’s dangling from ladders, beams, or other surfaces. The essentials are to secure tools and equipment, donning protective gear, and properly stocking materials.

Site 156

Site Injury Construction Safety 156

NH Construction Law

JUNE 30, 2020

A few years back I blogged (#24) on the Spearin doctrine, which holds that adherence to government-imposed design specifications absolves the contractor from contract liability to the government when the finished product fails to perform as intended. Spearin does not address tort liability to third parties injured by defective designs.

Contractors 40

Contractors Liability United States Defense 40

Construction Marketing

JULY 11, 2022

As an alternative to surety bonds, some licensing agencies allow contractors to put up the entire bond amount as security. Surety bonds do not protect you against liability. By contrast, if you have bad credit and a spotty history, you might be denied or have to pay a high percentage upfront of up to 10% to 15% to secure your bond.

Contractors 156

Contractors Legal Bidding Contract 156

Construction Business Owner

FEBRUARY 23, 2012

So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer. Today’s Cloud Security. General Management. Software & Technology.

Security 120

Security Construction Software Software 120

Green Building Law Update

DECEMBER 3, 2017

And there is some form of privacy law in at least 48 states (but not Alabama and South Dakota), including by way of example the California’s groundbreaking 2003 Data Security Breach Reporting Law , but most of those are reactive, that is most laws in the U.S. And the power utilities protect themselves from liability related to data.

Green 120

Green Risk Claims Drafting 120

Job Order Contracting

JANUARY 23, 2019

The General Services Administration (GSA) maintains the Federal Government’s database of all real property under the custody or control of executive branch agencies, except for property excluded for reasons of national security. As a result, the impact of lack of proper funding and management at the GSA presents staggering liabilities.

Leases 100

Leases Infrastructure Statistics Management 100

CivilJungle

DECEMBER 27, 2020

A possible alternative to retention is a retention bond, where the client agrees to pay the contractor the amount which would otherwise have been held as retention, but instead the retention amount a bond is provided to secure the amount that would have been retained. Purpose of Retention Money.

Construction 52

Construction Contract Foundation Liability 52

Construction Business Owner

DECEMBER 20, 2020

Strategically marketing your specific data is imperative to secure the best option available in the current market. . They work with construction clients to bridge the gap between their liabilities and protecting their assets while bringing innovative vision to insurance broking to solve a company’s risk challenges. Risk Management.

Insurance 156

Insurance Virgin Islands Puerto Rico Alabama 156

Construction Business Owner

NOVEMBER 23, 2020

Strategically marketing your specific data is imperative to secure the best option available in the current market. . They work with construction clients to bridge the gap between their liabilities and protecting their assets while bringing innovative vision to insurance broking to solve a company’s risk challenges. Risk Management.

Claims 156

Claims Virgin Islands Management Puerto Rico 156