Job Order Contracting

AUGUST 31, 2021

Traditional contracting methods typically involve the non-owner participants tendering a lump-sum price based on the owner’s proposed allocation of responsibilities and risks. The post Collaborative Construction Solution – Public Sector appeared first on 4BT.

Construction 176

Construction Procurement Liability Contract 176

Green Building Law Update

AUGUST 30, 2020

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,

Site 156

Site Liability Leases Defense 156

Levelset

SEPTEMBER 7, 2022

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.

Liability 52

Liability Insurance Injury Contract 52

Green Building Law Update

SEPTEMBER 16, 2013

EPA’s direct final rule allowing the use of the new ASTM E1527-13 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process” to satisfy the requirements for conducting “all appropriate inquiries” to qualify for liability protections. The EPA rule is at [link].

Site 120

Site Liability Compensation Legal 120

Levelset

SEPTEMBER 8, 2022

Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. The two most common liability insurance policies for contractors are general liability and professional liability. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio .

Safety 94

Safety Debt Liability Equity 94

Green Building Law Update

NOVEMBER 21, 2021

Environmental Protection Agency as satisfying its All Appropriate Inquiry rule to obtain protections from liability under CERCLA, the federal Superfund law, something that is expected to happen by rulemaking at some point in 2022. Liability from old dry cleaners in retail sites that are beyond the boundaries of the “subject property” (.

Site 156

Site Liability Green United States 156

Levelset

SEPTEMBER 14, 2022

Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk. Subcontractor business liability insurance should be retained since a catastrophic claim could bankrupt most all painting contractors.

Insurance 98

Insurance Liability Claims Injury 98

Levelset

SEPTEMBER 19, 2022

First-party insurance provides compensation directly to the insured individual or business, whereas third-party insurance provides reimbursement to another party when the insured person or business is liable for damages. First-party insurance provides compensation directly to the insured individual or business.

Insurance 52

Insurance Liability Compensation Claims 52

Green Building Law Update

JANUARY 31, 2021

9601) and petroleum products.”. The term “recognized environmental conditions means the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property.”. “. a substance defined as a hazardous substance pursuant to CERCLA 42 U.S.C.§9601(14),

Site 156

Site Commercial United States Regulation 156

Job Order Contracting

JULY 17, 2017

Open communication to engender a “no-blame” attitude; where problems are identified, there is no move to establish liability, but instead a focus on having them resolved quickly. Timely sharing of up-to-date information to ensure all participants work on the same version of project documentation and reports.

Contract 100

Contract Compensation Liability Fabrication 100

Levelset

AUGUST 31, 2022

They offer a full range of business insurance policies, including general liability, commercial auto, workers’ compensation, and umbrella. And they offer risk specialists to help your business minimize losses. They provide general liability, property, subcontractor, and cyber protection. Find an agent.

Insurance 52

Insurance Liability Compensation Construction 52

Construction Dive

NOVEMBER 6, 2013

By Bruce Jervis There are many legitimate reasons for contractors to submit claims for increased compensation. Construction contracts, which essentially allocate risks and responsibilities between project owners and constructors, spell out the circumstances under which the contractor may be entitled to additional time or money.

Claims 58

Claims Wisconsin Compensation Liability 58

Construction Lawyer

MAY 30, 2012

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk. Unlimited liability for designers and contractors. The statute of repose (similar to a statute of limitations) expired by 1982, extinguishing any liability by Sverdrup. Copyright Notice. Disclaimer.

Liability 40

Liability Contractors Design Minnesota 40

Building Radar

JULY 15, 2024

Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors.

Insurance 52

Insurance Liability Construction Risk 52

Construction Marketing

JULY 30, 2019

Besides that, there is also the risk other unforeseen damages that can leave you counting losses. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. As a matter of fact, hiring the wrong plumber is a recipe for disaster.

Contractors 120

Contractors Insurance Compensation Liability 120

Construction Lawyer

JULY 17, 2014

5) Because of defendants‘ unique and well-compensated role in the Project as well as their awareness that future homeowners would rely on their specialized expertise in designing safe and habitable homes, significant moral blame attaches to defendants‘ conduct. (6) Turn down any project that is unwilling to pay for such risk.

California 45

California Liability San Francisco Insurance 45

Levelset

SEPTEMBER 2, 2022

While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.

Insurance 52

Insurance Liability Claims Injury 52

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability insurance. Builder’s risk insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Levelset

AUGUST 5, 2022

A Controlled Insurance Program (CIP), also called wrap-up or wrap insurance, is an insurance package designed to cover all liability and losses during an entire construction project, or across multiple projects. Both OCIP and CCIP provide liability coverage across all parties on a project. What is a Controlled Insurance Program (CIP)?

Insurance 52

Insurance Liability Claims Construction 52

Levelset

MAY 23, 2022

As a contractor, you may have realized that taking care of every detail will not be enough as there are always going to be risks associated with your work. Whether it’s the risk of an unexpected accident or a project running over schedule and costing you money, there are many things that can go wrong.

Insurance 97

Insurance Contractors Construction Claims 97

Levelset

OCTOBER 14, 2022

In this respect, general liability insurance or workers’ compensation could help cover those costs if an incident should occur. . Workers’ compensation insurance should be in place to help defray the costs of employee medical treatments. Liability for damage. A GL policy offers a wide range of protection.

Insurance 52

Insurance Liability Injury Compensation 52

Best Practices Construction Law

JULY 29, 2015

There are multiple types of insurance coverage for the various risks on a construction project. However, when there are multiple insurance carriers covering the same risk (i.e., In that case, an electrical contractor installed certain wiring and lighting in the owner’s home during construction.

Insurance 48

Insurance Liability Claims Electrical 48

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. Among a number of other issues, insurance risk shifting is a concern for carriers. all of which operate differently.

Insurance 52

Insurance Liability Construction Contract 52

Chianelli Estimating

AUGUST 6, 2020

Until Contractors receive any new OSHA Regulations or Insurance Companies analyze risk, the effects to their Estimating Departments approach will be challenged to allow for the potential of increased costs: both Direct & Indirect. Insurances; Workers compensation, General Liability, Risk. Office Utilities.

Estimating 60

Estimating Residential Insurance Commercial 60

Construction Law Monitor

SEPTEMBER 10, 2015

Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.

Contract 40

Contract Construction Compensation Liability 40

Construction Law Monitor

SEPTEMBER 10, 2015

Certain clauses are critical for any contract to effectively protect your rights and minimize your liabilities. An indemnification clause obligates one party to compensate the other party for certain losses or damages resulting from third-party claims. This compensation is unrelated to other contractual obligations and damages.

Contract 40

Contract Construction Compensation Liability 40

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

Construction Law Monitor

APRIL 4, 2011

–Proof of current insurance (should include General Liability, Worker’s Compensation and Builder’s Risk). –Lists of subcontractors and suppliers and verify that they pay their debts on time. –The contract should be modeled after standard American Institute of Architect’s (AIA) construction contract.

Contractors 53

Contractors Residential Insurance Louisiana 53

Construction Lawyer

MARCH 27, 2012

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk.   The FLSA provides that employees, not otherwise exempt, are to be paid overtime compensation for hours in excess of 40 per work week. Unlimited liability for designers and contractors.

Architecture 58

Architecture Illinois AIA Chicago 58

Levelset

SEPTEMBER 20, 2022

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. The contract may ask that each sub carry a liability amount of $2 million, for example. The policy includes two main components that help protect the financial standing of the business.

Insurance 40

Insurance Contractors Liability Accidents 40

PSMJ Resources

AUGUST 13, 2012

related to becoming a Principal such as the Shareholder Agreement, Deferred Compensation Agreement, Buy-Sell agreement, Company By-Laws, Articles of Incorporation, Board Minutes, Budgets, business plans, strategic plans, and Annual Reports from the past several years. unlikely, you must be willing to take the risk. principals.

Equity 54

Equity Compensation Resource Agreement 54

Construction Cost Estimating

MAY 19, 2012

With Sage 100 Contractor, the contractors will be in a position to keep track on subcontractors tasks (supervise subcontractor billings & retention, get rid of overpaying and overbilling, alleviate the risk of expired subcontractor workers compensation, liability insurance, and safety certification) and appropriately document all subcontractor (..)

Sage 45

Sage Estimating Contractors Accounting 45

Construction Lawyer

OCTOBER 21, 2005

Sabo & Zahn LLC is an Illinois Limited Liability Company. In other words, you use the stuff we post here at your own risk. Unlimited liability for designers and contractors. Goodman has also worked on appeals and appeared before appellate courts. Copyright Notice. Copyright 2005-2012 Sabo & Zahn, all rights reserved. Disclaimer.

New York 40

New York Illinois AIA Chicago 40

NH Construction Law

AUGUST 11, 2018

He couldn’t sue A&M due to the Workers’ Compensation Law’s exclusivity provision, but he could and did sue the GC and the owner, claiming that they owed him a duty to maintain a safe working environment. The New Hampshire Supreme Court disagreed.

Subcontracting 40

Subcontracting Safety Compensation Claims 40

Fieldwire

JANUARY 16, 2024

Effective team management Your team is the lifeblood of your organization, but far too many business owners have begun to regard labor as little more than a liability on their balance sheet. Risk management You must keep your crews safe. Compare that to the price of a typical worker’s compensation claim at $41,747.

Project Management 52

Project Management Management Construction Life Cycle 52

Autodesk Construction Cloud

JANUARY 8, 2023

Methods vary from Design-Bid-Build, Design-Build, Construction Management at Risk and Multi-Prime, but none of these fully address the collaboration issues that can occur in construction teams except Integrated Project Delivery (IPD). In construction, how projects deliver determines how teams work together. They need to set the example.”

Construction 52

Construction Agreement Contract Project Management 52