Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. This isn’t ethical, is it? Regards, Mr. Ethics

Risk 100

Risk Claims Insurance Liability 100

Mr Ethics

APRIL 23, 2014

Ethics, There seems to be a growing trend in the construction industry whereby project owners are placing all risk on the design professional or contractor. Owners are assuming less and less risk exposure through contract provisions that assign risk away from them. This isn’t ethical, is it? Regards, Mr. Ethics'

Risk 100

Risk Claims Insurance Liability 100

BD+C

SEPTEMBER 13, 2013

Worries about legal liability have long dogged the sustainable building movement, but insurance expert Karen Erger (Locton Companies) and attorney Eric Singer (Ice Miller LLP) say sustainability lawsuits are caused by the same types of issues that have always prompted clients to sue AEC firms.

Liability 72

Liability Risk Insurance Green 72

FDR Safety

SEPTEMBER 27, 2013

If you manage for risk, you also manage for compliance. However, if you manage for compliance, you may overlook risk and hazards that result in serious or fatal injuries. Thankfully, the groundwork to manage risk within GM and our joint process had been laid. Whether safety, business risk, insured risk, market risk, etc.,

Risk 120

Risk Safety Management OSHA 120

Autodesk Construction Cloud

SEPTEMBER 13, 2022

So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.

Autodesk 105

Autodesk Risk Industrial Construction 105

Green Building Law Update

DECEMBER 3, 2017

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. business seeking to mitigate the risk associated with data protection.

Green 120

Green Risk Claims Drafting 120

Construction Law

APRIL 2, 2024

Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available. Expect greater information requirements from underwriters in the wake of Grenfell before cover is provided, he warns.

Risk 52

Risk Design Insurance Construction 52

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. The growing number of cyber risks may feel daunting, but there are several ways to protect your business from these cybercrimes.

Risk 92

Risk Construction Security Bidding 92

DebunkTheBIM

DECEMBER 6, 2011

“Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week. The other two are the crossword and the designer sunglasses that I would have never bought had it not been for the ‘free’ subsidy that came with the subscription. But, back to insurance.

Insurance 48

Insurance Risk Management BIM 48

Building Radar

JULY 15, 2024

Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. For more details on CGL insurance, visit Construction Coverage.

Insurance 52

Insurance Liability Construction Risk 52

Levelset

SEPTEMBER 23, 2022

General contractors know these risks when they take the role. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy? GC insurance & subcontractor coverage. General liability insurance.

Insurance 52

Insurance Liability Accidents Risk 52

Construction Equipment

OCTOBER 20, 2020

Zurich North America Insurance is offering a new construction app through Zurich Services Corporation designed to help its construction customers manage their risks and help improve safety, quality, and insights while on the job. Subscriptions to the Zurich Construction Solutions app are now…

Risk 62

Risk Management Insurance America 62

Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

JUNE 3, 2022

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works.

Insurance 52

Insurance Cash Flow Claims Contractors 52

Construction Specifier

FEBRUARY 9, 2024

Photo courtesy iStock By Kimberly Kilroy, PE, RRC, CDT and Peter Spanos, PE, CFM, LEED AP As sea level continues to rise and weather patterns become more severe and less predictable, flood mitigation is becoming a critical part of new construction design and existing building renovations and maintenance. Zone A has a high risk of flooding.

Risk 64

Risk Zoning Insurance Renovating 64

BD+C

JANUARY 27, 2021

AECOM is suing Zurich American Insurance alleging that the carrier’s “all-risk” policies should include claims for losses due to the impact of COVID-19. The design firm alleges that Zurich refused to pay coronavirus-related claims when such coverage was not specifically excluded in AECOM's “all-risk” property insurance policies.

Insurance 52

Insurance Claims Risk Design 52

Levelset

SEPTEMBER 16, 2022

Your base insurance policy may offer some coverage for unexpected damage to some business property, but making assumptions about the extent of coverage could lead to some financial distress. . An equipment floater offers insurance protection for your business property as it moves from location to location. What is an equipment floater?

Insurance 52

Insurance Equipment Contractors Risk 52

Levelset

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Injury 52

Constructonomics

JANUARY 28, 2010

However, when tax dollars are in the mix, I would think that it is difficult to justify not taking the low bid especially if they can provide the bonding and insurance requirements. IPD is a negotiated form of project delivery where risk and reward are shared among the owner, architect, prime contractor, and sometimes even subcontractors.

Bidding 149

Bidding Liability Negotiation Risk 149

Best Practices Construction Law

FEBRUARY 21, 2018

Reading and understanding an insurance policy on a construction project can be a lot like understanding my kids playing Speak Out. Proper insurance coverage is an important risk management tool for contractors, subcontractors, project owners/developers and design professionals. Nautilus Insurance Co. ,

Insurance 54

Insurance Subcontracting Injury Construction 54

Levelset

AUGUST 26, 2022

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

Insurance 52

Insurance Liability Equipment Agreement 52

Levelset

AUGUST 5, 2022

Construction insurance can be confusing. Each contractor and party to the project has their own insurance, which may or may not be adequate to protect the work they’re performing. Learn more: What types of insurance do contractors need? Learn more: What types of insurance do contractors need? CCIP vs. OCIP insurance.

Insurance 52

Insurance Liability Claims Construction 52

Green Building Law Update

OCTOBER 19, 2011

Design and construction professionals will have to comply with different building codes depending on the jurisdiction. Insurance and surety companies will struggle to ensure the risks associated with confusing green building codes. This will result in inconsistent building code rulings.

Green 120

Green Insurance Risk Design 120

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

Construction Law

NOVEMBER 4, 2024

Contracts JCT Design and Build 24: Ground condition risk allocation Michael Allan of Pinsent Masons LLP examines the JCT Design and Build contract treatment of ground conditions risk. Additional provisions and reliefs have been introduced in the 2024 revision to deal with asbestos, contamination and unexploded ordnance.

Construction 40

Construction Insurance Contract Liability 40

PSMJ Resources

AUGUST 3, 2011

XL Insurance Enters Collaborative Agreement With PSMJ Resources, Inc. to Advance A/Es Risk and Practice Management. The synergy of XL Insurance’s Design Professional group and PSMJ will drive relevant and timely thought leadership in our service to customers and the design community.” Ford Harding blog.

Insurance 43

Insurance Resource Agreement Architecture 43

CivilJungle

DECEMBER 21, 2021

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?

Risk 52

Risk Management Contractors Construction 52

ENR Construction

JUNE 21, 2022

An insurance executive, in a commentary, writes about how to avoid risks designers never intended to take.

Liability 68

Liability Insurance Risk Design 68

Construction Lawyer

MAY 13, 2009

In other words, you use the stuff we post here at your own risk. Risks in LEED design. There is an interesting discussion of some issues and risks to design professionals involving LEED projects at [link]. Architects often underestimate the risks associated with LEED projects. Subscribe to this blogs feed.

Risk 40

Risk Design Illinois AIA 40

Construction Marketing

JUNE 13, 2016

According to the National Flood Insurance Program, flood damage is significantly more common than fire damage, particularly in high-risk areas. Lifting up a masonry home, however, is more challenging than lifting a wood frame building due to its weight and design. leave the foundation intact and add a new floor. Source: FEMA.

Foundation 120

Foundation Insurance Housing Louisiana 120

Construction Marketing

AUGUST 3, 2016

According to the National Flood Insurance Program , flood damage is significantly more common than fire damage, particularly in high-risk areas. Lifting up a masonry home, however, is more challenging than lifting a wood frame building due to its weight and design. leave the foundation intact and add a new floor. Source: FEMA.

Foundation 120

Foundation Insurance Housing Louisiana 120

The Constructor

NOVEMBER 24, 2011

These instruments are functioning exactly as designed when this happens. (3) This adjustment takes just a few seconds and will insure that you get good vertical angle readings with just one measurement. " Most total stations are provided with some type of electronic adjustment to correct the vertical circle indexing error.

Concrete 240

Concrete Compensation Foundation Design 240

HardHatChat

OCTOBER 18, 2016

On the other hand, a pre-construction services team takes a more conceptual approach to budgeting and often gets involved on a design-assist basis. Risk Manager and Safety Officer. This group looks at initial project documents and does some internal budgeting and cost estimating based on construction pricing models and historical data.

Commercial 120

Commercial Safety Construction Project Management 120

Wolgast Corporation

DECEMBER 12, 2022

Here is one secret of the trade to save significant time during pre-construction, by giving your contractor a ballpark budget before design and/or estimating starts, an owner can take a shortcut in the preliminary phase and get to construction sooner. We can come to the owner with ideas without delays.

Budgeting 127

Budgeting Budget Estimating Construction 127

Constructonomics

SEPTEMBER 9, 2016

The insurance industry believes that the cost could be even higher than that. In fact, the Association of British Insurers (ABI) estimates that the bill for the floods that occurred last winter will be closer to £1.3bn. Increasingly, both residential and commercial clients are seeing the risk of flooding as a serious issue.

Industrial 100

Industrial Construction Insurance Commercial 100

Levelset

SEPTEMBER 20, 2022

HVAC contractor insurance is the primary way to help protect your financial interest if things go wrong on the job. This contractor’s insurance solution is typically the most cost-effective means to secure coverage and give you peace of mind. What is HVAC contractor insurance? Who needs HVAC insurance?

Insurance 40

Insurance Contractors Liability Accidents 40

Lets Build

MAY 18, 2017

Disputes over insurance agreements can be, for example, one of those reasons. One of the project parties may feel that it’s entitled to some compensation while the insurance company, or whoever is responsible for that may have a different opinion. Designing and eventually conducting a construction project is tough. Conclusion.

Construction 165

Construction Life Cycle Contract Plans 165