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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Construction is a risky business, with among the highest rates of failure of any industry. In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. To replace the original subcontractor, ABC Builders hires Water Works to finish the project at a cost of $1.2

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The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . If you’re an SMB in the construction industry, you’ve likely built a strong reputation that helps you win new and repeat business. . Unfortunately, the industry is struggling to accomplish this. .

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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Public bid law is a term of art used in the construction industry to describe any work, construction project or improvement to (immovable) property that is owed by the State of Louisiana or an arm of the state, such as parish or city government (“public entity’). Public Bid Law. The exact language of La R.S.

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Louisiana Public Contract Law: Material Supplier Notice Requirement

Construction Law Monitor

Public bid law is a term of art used in the construction industry to describe any work, construction project or improvement to (immovable) property that is owed by the State of Louisiana or an arm of the state, such as parish or city government (“public entity’). Public Bid Law. The exact language of La R.S.