Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. 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.

Insurance 98

Insurance Liability Claims Injury 98

Construction Junkie

JULY 27, 2020

Having all relevant documents available at your fingertips is invaluable to running and properly documenting a project. Well, now at least one insurance company believes that, as well. This exclusive offering is one more example of how we’re always looking for innovative ways to help our customers manage risk.”

ProCore 83

ProCore Travel Insurance North Carolina 83

Construction Business Owner

APRIL 5, 2012

INSURANCE |. Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. This, after all, is the foundation of the insurance industry.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. Or you could take a risk in offering a new product.

Construction 195

Construction Software Software Accounting 195

Wolgast Corporation

APRIL 30, 2024

To get the most from an insurance claim involving property restoration, it is best practice to openly communicate and collaborate with both your agent and restoration company. Know Your Policy Additionally, there is no way around it, you need to know what is included in your insurance plan prior to disaster.

Commercial 127

Commercial Insurance Claims Documentation 127

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Accounting & Finance.

Bidding 149

Bidding Construction Documentation Software 149

Green Building Law Update

APRIL 4, 2021

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293

Green Debt Security Commercial 293

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. This often results in better coverage at a lower premium.

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

Safety Services Company

OCTOBER 30, 2023

Documentation and Records Required Each prequalification service has different requirements. These can relate to your insurance, financial stability, safety records, etc. This process analyzes their performance, management process, resources, and capacity.

Insurance 114

Insurance Certification Contractors Safety 114

Autodesk Construction Cloud

FEBRUARY 5, 2022

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.

Risk 59

Risk Management Construction Documentation 59

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. How much does project loss insurance cost?

Insurance 52

Insurance Cash Flow Claims Contractors 52

BD+C

AUGUST 14, 2023

Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.

Risk 92

Risk Construction Schedule Estimating 92

Safety Services Company

OCTOBER 16, 2023

Unlicensed contractors do not have the necessary documentation to prove their skills. Those who do not comply pose a high risk of impacting the hiring client’s project. The *ISNetworld® prequalification involves uploading documentation and answering 1,200 questions called an MSQ® or Management Systems Questionnaire®.

Management 123

Management Contractors Safety OSHA 123

Viewpoint Construction Technology

MARCH 14, 2018

This eliminates the need for paper records that someone would have to input into an on-premise software system later on, as well as the risk of losing documents or incorrect information being recorded. Cloud-based, mobile-friendly apps make it easy for crews in the field to input data via a tablet, laptop, or smartphone.

Products 221

Products Software Software Project Management 221

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

Construction Marketing

MAY 19, 2021

Before starting a construction project , you should train workers operating in medium and high-risk areas on safety measures and standards. This information should be included in a terms-of-agreement document signed by all workers. Here are critical steps you can undertake to enhance safety at your construction site.

Safety 174

Safety Construction Guidelines Employment 174

Levelset

OCTOBER 20, 2022

Scenarios like these stress the need for an electrician to have insurance coverage in place. Thus, a strong insurance plan helps you rest easier both on and off the job. Why can an electrical contractor use insurance? Insurance policies can help your business cover the costs of both minor and major incidents.

Insurance 52

Insurance Liability Electrical Accidents 52

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Construction Marketing

JULY 11, 2022

Are Surety Bonds Insurance? While many contractors confuse surety bonds and insurance, they are different. The company will ask for some additional documents so that it can evaluate you and your business to determine your level of risk during an underwriting process. Surety bonds do not protect you against liability.

Contractors 156

Contractors Legal Bidding Contract 156

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

Safety Services Company

FEBRUARY 19, 2020

IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Safety Services Company

FEBRUARY 18, 2020

How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62

Risk Management Construction Safety 62

Levelset

OCTOBER 13, 2022

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

Insurance 52

Insurance Certification Contractors Liability 52

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance 52

Insurance Claims Agreement Lien 52

Levelset

OCTOBER 19, 2022

However, before starting work on a building financed with a construction-to-permanent loan, both property owners and contractors need to understand the risks. Contractor risks with a construction-to-permanent loan. There are common risks that are prevalent in every construction loan program. Budgeting problems.

Contractors 98

Contractors Lien Finance Construction 98

Job Order Contracting

NOVEMBER 17, 2016

Contract Documents. Coverage Limits, Insurance Certificates. Builders Risk. Specifications Drawings and Other Documents. 4.005 Design Requirements and Design Documentation. Discrepancies and Contract Document Review. Ownership and Use of Drawings, Specifications and Other Documents. Builders Risk.

Contract 100

Contract Bidding Documentation Drawings 100

Autodesk Construction Cloud

OCTOBER 5, 2023

It facilitates productivity by reducing the time wasted searching for information among countless emails or physical documents. Most importantly, it ensures accurate and real-time dissemination of information, such as safety protocols and procedures to reduce the risk of accidents or incidents. Take Fredon for example.

Safety 88

Safety Insurance Risk Documentation 88

Safety Services Company

JULY 30, 2024

ISNetworld helps companies like Coke Florida manage contractor safety, insurance, and regulatory information. Benefits of Compliance Improved Safety: Compliance ensures that all safety protocols are followed, reducing the risk of accidents and injuries. Your company’s agent or broker can assist with this process.

Florida 115

Florida Safety Contractors Insurance 115

Best Practices Construction Law

NOVEMBER 11, 2013

This should include identifying chain of command for notice purposes, identifying internal investigation team members, identifying who will be a company spokesperson, and identifying your risk management team (insurance and legal). Manage the accident documents. Act diligently when an accident occurs. Understand privileges.

Accidents 86

Accidents San Francisco Site OSHA 86

Construction Business Owner

APRIL 12, 2012

INSURANCE |. « The Business of Construction Risk Management. Good document management software will be able to keep those certifications on file. As construction becomes more and more complex, document management and certification tracking will play an even larger role in the industry. document management.

Construction 120

Construction Certification Green Software 120

Viewpoint Construction Technology

MAY 23, 2018

Hire forward-thinking, open-minded folks ready to try new things and take calculated risks? This means that project managers often don’t know, or are not always familiar with, the workers on their projects—their skillsets, their personalities and work habits, their certifications and insurance documentation, etc.

Project Management 182

Project Management Management Software Software 182

HardHatChat

OCTOBER 18, 2016

This group looks at initial project documents and does some internal budgeting and cost estimating based on construction pricing models and historical data. Risk Manager and Safety Officer. 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.

Commercial 120

Commercial Safety Construction Project Management 120

HardHatChat

OCTOBER 9, 2024

Many of these factors are well-documented. Another example is how one fire protection district and its ISO rating for insurance may differ from others, impacting everything from construction material type to glazing requirements, affecting cost and schedule. More than ever, clients are hyper-focused on mitigating their risks.

Commercial 156

Commercial Retail Remodeling Construction 156

Autodesk Construction Cloud

FEBRUARY 9, 2022

Document Crunch. Easily embed Document Crunch into Autodesk Build or BIM 360 Project Home dashboards to quickly understand and manage risk within documents such as contracts, insurance policies, and specifications. Automatically sync documents from Autodesk Build, Autodesk Docs, or BIM 360 into?DADO?to

Autodesk 98

Autodesk BIM Construction Safety 98

Construction Lawyer

NOVEMBER 11, 2007

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. In other words, you use the stuff we post here at your own risk. Limitation of Liability in new AIA Document. One of the new 2007 AIA documents is B103 -- Owner-Architect Agreement for a Large or Complex Project.

Liability 40

Liability AIA Documentation Illinois 40

Construction Lawyer

NOVEMBER 8, 2007

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. In other words, you use the stuff we post here at your own risk. The new AIA Documents and Arbitration - What Rules Apply? New AIA documents and Arbitration. And, the paper documents do not have anything pre-checked.

AIA 40

AIA Documentation Illinois Chicago 40