This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.,
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.,
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.
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.,
Administrators from insolvency practice FRP also said they are now working to gather information on remaining assets and events in the lead up to the collapse of the £400m turnover tower builder. We continue our work to gather information about the assets and liabilities of the business and understand the events leading up to the insolvency.
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.,
So, as we spin back up for the year, we’re going to start sharing our calendar of upcoming events on a monthly basis. We’ll also remind you of any major industry events happening. Recommended reading: Check out our guide to the industry’s top construction events this year. February 2022 Construction Events.
By way of background, a Phase I environmental site assessment is the process of evaluating a property’s environmental conditions and assessing potential liability for contamination. History says, ‘see you later.’”.
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.
Given the large number of inquiries we have responded to about Zika, including about liability for building owners, this is a repost of an updated version of my February blog post on the subject. But where a building has an insect management plan, the negligent implementation of a plan may arguably give rise to liability.
A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Although public liability insurance is not a legal requirement, it should be regarded as essential. Having insurance and legal information is vital, as they protect the business against unforeseen events.
By way of background, a Phase I environmental site assessment is the process of evaluating a property’s environmental conditions and assessing potential liability for contamination. History says, ‘see you later.’”.
A concert, exhibition, trade show, country fair, or any other event that is sure to draw a massive crowd definitely needs meticulous preparation. The organiser needs to have a clear enough vision of how the event should turn out in order to determine the different steps necessary to realise it. So they need to plan well.
“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. General liability insurance. For example, assume you paint residential structures of all types.
Legal terms explained Tse Wei Lim and Yun Wen Soh of Herbert Smith Freehills LLP explain what decennial liability means. Only claims against bodies subject to a relevant liability will succeed, the TCC has ruled.
Substantively the case suggests there is no more liability arising from green building versus other construction, but that the liability is different. Those interested in the procedural history of this case may look to my earlier blog post Litigation Over First Ever LEED Platinum Building.
Substantively the case suggests there is no more liability arising from green building versus other construction, but that the liability is different. Those interested in the procedural history of this case may look to my earlier blog post Litigation Over First Ever LEED Platinum Building.
When a contractor or subcontractor is sued for defective workmanship, one of his first thoughts is likely to be whether the damages are covered by his liability insurance. Many professional liability policies have them. Few commercial general liability policies do.)
Some key players within the construction community like architects, engineers, public and private owners, construction managers, contractors , subcontractors, and designers will find the event very useful for them to get acquainted with various “tips and tricks” which can be applied to scheduling their construction projects.
Analysis Generative Artificial Intelligence to transform construction procurement Constructions long and complex supply chains increasingly come under pressure, partly due to geopolitical events beyond the industrys control, but partly also for reasons that it can often do something about.
The rule proposes a safe harbor for liability from Scope 3 emissions disclosure and an exemption from the Scope 3 emissions disclosure requirement for smaller reporting companies. including if a company has committed to be carbon neutral by 2030, or the like [something that is today de rigueur]).
Heck, you get trophies for participating in an event—not winning it. Public Exposure and Liability on Construction Sites. If you ask me, competition is what’s missing these days. It’s easy to get preoccupied with trying to level the playing field. This lack of competition—or the societal taboo against it—is making us soft!
It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways.
The Agreement contained a sole-and-exclusive remedy provision that, in the event of DonRob’s default, gave 360 the right “to elect between the following options: (a) to declare this Agreement terminated … [and be refunded] all of the Earnest Money, or (b) maintain an action against Seller for specific performance ….
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.
Called their “Spring Creek” event, CFMA chapter presidents from around the country gather for several days of leadership and team building exercises in Arizona. Public Exposure and Liability on Construction Sites. « Some Advice on Change Orders. iConstruction » Judging Tipis. Wally Evans Blog. Recent Posts.
It can also be a lifesaver, as it will provide additional support to your business through the length of time it shuts down due to an event like a fire or theft. Additionally, it also can help protect against downtime caused by extreme weather events or other disruptive conditions.
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.
A colleague of mine has even considered not calling his children when a family event occurs, because his kids have generally heard about it two days prior via Facebook. Public Exposure and Liability on Construction Sites. This new technology and medium for engagement and networking isn’t going anywhere. Wally Evans Blog. Recent Posts.
They offer a secure, auditable trail of every access event at every lock or wall reader, ensuring compliance with federal and state regulations including CDC, local health departments, Joint Commission and HIPAA. These benefits provide additional reassurance to doctors and medical staff who could be protected from potential liability.
Under this July 19, 2014 guidance in the event of a default on a residential property PACE loan, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens.
In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required.
Luckily, because the event was sponsored by CBO, I had the chance to sit in and ask questions of these readers. Public Exposure and Liability on Construction Sites. Ideas start flowing and problems are solved. I would tell you more, but one of the reasons these discussions are so fruitful is that they are confidential. Recent Posts.
During the boom years, it was unheard of to bring a superintendent into the office for a planning event and definitely far-fetched to have them assist in the estimating process. Public Exposure and Liability on Construction Sites. Wally Evans Blog. Recent Posts. Is There No Free Lunch or Construction Software?
Each year at this event I’m reminded that collaboration is vital to our construction industry. Public Exposure and Liability on Construction Sites. I am a believer in real collaboration – after all, we did just launch a new product created specifically for project collaboration. Wally Evans Blog. Recent Posts.
Between miscommunication, the wrong specifications, carelessness, or events out of anyone’s control, things can go wrong, and the damages can be expensive. 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.
We will never advertise a one-day only Sale-a-Rama event with something for everyone. Public Exposure and Liability on Construction Sites. Our marketing department is focused on identifying only contractors that are the best fits for our product’s features and benefits. We May Walk Away From a Sale. Wally Evans Blog. Recent Posts.
There are many policies that apply to a carpenter, but a simple business owner’s policy can include property damage and liability coverage. If a third party gets injured on a job, liability coverage helps pay the cost of legal defense if you get sued for the accident. . Does a carpenter need insurance?
Contractor liability for property damage. General liability insurance helps limit the financial impact of those risks. Painting with a broad brush, general liability offers coverage against expenses caused by workplace accidents to anyone other than an employee or officer of the company (though policies may vary). None at all.
If recent events are any indication, we know that three months – let alone three years – is an eternity, and so much can happen during that time. In other cases of GFCI safety, UL provided much shorter timeframes for compliance. .
The Federal Acquisition Regulation (FAR) defines “accrual” as: the date when all events, that fix the alleged liability of either the Government or the contractor and permit assertion of the claim, were known or should have been known. For liability to be fixed, some injury must have occurred.
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent to a PACE loan is required.
A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. A minor is often created chargeable for their torts, however, they’re restricted in liability once it involves a contract. Negligence.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content