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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. There is no underwriting justification for lenders charging the same interest rates on mortgages secured by green buildings. Today there is a nascent (.

Green 293
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Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety

BD+C

The recent trend of moving services and treatment away from general hospitals and towards medical office buildings is one sign of the industry evolving to meet today's challenges and preparing for what comes next. However, unlike other industries, healthcare providers face a number of unique and challenging security issues.

Office 91
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Safety First, Bidding Next: How Safety & Compliance Wins Contracts

Safety Services Company

Both contractors have operated with their firms for over 15 years, employ qualified workers, and boast high-level capability to take on major commercial jobs. Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages.

Safety 108
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Understanding the Essential Insurance Requirements for Construction Projects

Building Radar

Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors. Excess Liability Insurance Excess liability insurance extends the limits of a CGL policy, offering additional protection.

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#91:  Liability Insurance for a Subcontractor's Defective Work

NH Construction Law

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” But what makes Skanska interesting is that the court took pains to distance itself from an earlier Michigan decision, Hawkeye-Security Ins.

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What is ‘Substantial Completion’ in Construction? Definition and Examples

Building Radar

In the construction industry, the term “substantial completion” plays a crucial role in defining when a project is considered complete from a legal and practical standpoint. Liability and Warranties The substantial completion date marks the expiration of certain liabilities and warranties.

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First-Party vs. Third-Party Insurance: What’s the Difference?

Levelset

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.