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Construction Company Contract Traps And The Advantages Of Legal Help

Contractor Bookkeeping

Depending on the type of contracting business you run, you could face laws regarding taxation, employment, product liability, premises liability, discrimination, health and safety, and various other regulations. That's why you need legal help.

Legal 109
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Construction Liability Issues: Common Risks and How to Mitigate Them

Building Radar

From safety hazards to contractual disputes, the industry faces numerous liability issues that can lead to costly legal battles, project delays, and financial losses. In this article, we’ll explore some of the most common construction liability issues and provide strategies to address them effectively.

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General Liability vs. Professional Liability: What’s the Difference?

Levelset

When it comes to protecting your contracting business from claims and lawsuits, it can be tough to know what type of insurance you should purchase. Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. What are general liability and professional liability insurance?

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Legal terms explained – Constructive Acceleraton

Construction Law

Constructive acceleration often refers to a situation where the contract administrator (or equivalent) fails to award an extension of time (“EOT”) to which the contractor is entitled, and the contractor is compelled to accelerate the works to meet the original completion date, essentially to avoid liability for liquidated damages.

Legal 52
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Professional Liability Insurance Explained

Levelset

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.

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Builder’s Risk vs. General Liability for Contractors: What’s the Difference?

Levelset

Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. Builder’s Risk Insurance General Liability Insurance Coverage Covers a building under construction—and often tools, equipment, and materials related to the project.

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You Should Not Contract With Your Environmental Consultant

Green Building Law Update

In an effort to mitigate risk you should not contract directly with an environmental consultant, but rather your attorney should contract with that consultant. Be aware, however, only where the document or communication is primarily concerned with legal assistance does it come within the attorney-client privilege.