Remove Documentation Remove Information Remove Liability
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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. Documentation is also key.

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Legal Documents. There are many different types of insurance in the United Kingdom.

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Highly Profitable Contractors Control Who Receives Company Information

Contractor Bookkeeping

Information About Your Contracting Company. Financials statements are based on the information you provided. It is easier to blame the bookkeeper for missing information. The primary keeper of all the documents is you, your spouse, your employees, your suppliers, your bank, your credit card company. Other State Agencies.

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Lendlease recladding costs soar to ÂŁ151m

Construction Enquirer

He said the liability primarily related to buildings developed by house builder Crosby, acquired by Lendlease in 2005. At the half-year, Lendlease put its liability at around ÂŁ100m but by June 2023 this has jumped by an extra ÂŁ51m. Lendlease still does not have documentation for a number of buildings.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

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. What information is included in a COI?

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Why It’s Time for Contractors to Adopt Collaborative BIM

Viewpoint Construction Technology

Building Information Modeling (BIM) isn’t a new concept in construction. Accessible, version-controlled documents —BIM software solutions simplify data management and expand accessibility of documents to the entire team. It also reduces liability by enabling more accurate planning and management.

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Bring Construction Billing into Focus

Construction Business Owner

A purpose-built solution that aims to eradicate the tedium and liability associated with money flow management in construction, this tool offers complete visibility into every stage of an invoice’s life cycle — from conception to completion. How will we use this information? For more information, please visit our Privacy Policy.