Construction Business Owner

OCTOBER 26, 2012

While crime exposures for some businesses can be measured and quantified by the amount of cash or other valuables on hand, employee fidelity claims in the construction industry and the losses arising out of such acts can be difficult to identify or quantify. No construction firm is immune to employee dishonesty or crime losses.

Liability 149

Liability Insurance Employment Claims 149

Construction Business Owner

NOVEMBER 7, 2023

Rising Construction Costs Lead to Higher Risks PCF Construction offers insight on current market construction risks and how to take control mhodges Tue, 11/07/2023 - 09:13 One of the most pressing issues in the construction industry today is the unforeseen or unintended increase in risk exposures due to rising construction costs.

Risk 354

Risk Insurance Construction Security 354

Construction Business Owner

JUNE 27, 2024

It may also be their most potent liability, with enormous climate and environmental repercussions. One Deloitte analysis notes: “The engineering and construction (E&C) industry has noticed that many customers are becoming sustainability-conscious and placing greater pressure on developers to lower the carbon footprint of new builds.”

Liability 156

Liability Regulation Environment Sustainability 156

FDR Safety

AUGUST 25, 2023

Powered Industrial Trucks, which many people refer to as “forklifts” are not generic or universal, they are very diverse. Certification, which OSHA requires from employers for their Powered Industrial Truck operators, means something very different. Some types of training are generic and may lend themselves to this type of format.

Certification 156

Certification Industrial OSHA Employment 156

Construction Business Owner

SEPTEMBER 27, 2013

One risk facing the construction industry is liability for defects in a company’s work.

Insurance 153

Insurance Liability Residential Commercial 153

Green Building Law Update

JANUARY 19, 2020

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.,

Liability 156

Liability Leases Defense Commercial 156

Green Building Law Update

AUGUST 30, 2020

For those concerned about the state of the environmental industrial complex during the coronavirus disease 2019 pandemic, I can report that last Friday I reviewed my 1,000th Phase I Environmental Site Assessment this year. 9601 et seq., 9601 et seq.,

Site 156

Site Liability Leases Defense 156

Job Order Contracting

AUGUST 30, 2022

4BT, founded in 2016, is a certified veteran-owned small business (VOSB), and was founded by JOC program management, technology, and cost data experts with decades of experience with industry sector leading organization including the RS Means Company, LLC, 4Clicks Solutions, LLC, and VFA, Inc. support services.

Contract 263

Contract Procurement Consulting Liability 263

Green Building Law Update

DECEMBER 1, 2011

Surety bonds are often misunderstood within the green building industry. Entitled Keys to Managing Green Construction Risks, Liability and Litigation , this program will focus on the key concerns and solutions to the ever changing green construction culture.

Green 159

Green Liability Legal Risk 159

Levelset

SEPTEMBER 8, 2022

Liability insurance protects your business against claims for damages caused by you and your workers, if you have any. The two most common liability insurance policies for contractors are general liability and professional liability. What are general liability and professional liability insurance?

Liability 52

Liability Insurance Claims Legal 52

Construction Marketing

JUNE 14, 2022

It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . Machines form an integral part of the construction industry. However, the most common ones in the construction industry include safety vests, gumboots, face masks, goggles, gloves, and helmets.

Safety 357

Safety Site Construction Inspections 357

Levelset

SEPTEMBER 7, 2022

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.

Liability 52

Liability Insurance Injury Contract 52

Construction Marketing

DECEMBER 27, 2021

General Liability Insurance. This type of coverage will protect your company from various liabilities , including injury claims, and cover medical expenses. General liability also protects businesses if they cause damage to a customer’s property or if any product installations go awry, like faulty plumbing that causes leaking.

Insurance 156

Insurance Contractors Accidents Liability 156

Green Building Law Update

JULY 25, 2021

million commercial and industrial real estate transactions in the United States each year, so you need to be aware of the revised standard expected to be issued later this year. Environmental Protection Agency as satisfying its All Appropriate Inquiry rule to obtain protections from liability under CERCLA, the federal Superfund law.

Site 296

Site Drafting United States Regulation 296

Job Order Contracting

MARCH 28, 2024

Research Report 271, Construction Industry Institute, Austin, Tx. Understanding Construction Industry Experience and Attitudes toward Integrated Project Delivery.” Ballard, G., and Cho, S. Starting from Scratch: A New Project Delivery Paradigm.”, and Becerik-Gerber B. Journal of Construction Engineering and Management Kim, Y.,

Procurement 244

Procurement Construction DC AIA 244

Construction Business Owner

JUNE 12, 2016

Two major trends are currently reshaping the construction industry. As a result of these trends, the liability exposures that contractors often face have significantly increased. First, contractors are taking on an expanded role in project design.

US 120

US Liability Modeling Contractors 120

Building Radar

AUGUST 22, 2024

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.

Liability 52

Liability Risk Legal Construction 52

Construction Business Owner

FEBRUARY 4, 2015

As technology continues to evolve, the construction industry evolves with it. Technology can also dramatically change a contractor''s risk profile and create the potential for unforeseen liabilities.' Technology can also dramatically change a contractor''s risk profile and create the potential for unforeseen liabilities.'

Management 120

Management Liability Mobility Risk 120

Construction Marketing

OCTOBER 19, 2021

When it comes to the liabilities covered in the policy, it usually depends on the insurance provider or brokerage. But snow removal insurance is different from commercial general liability insurance. Usually, more business means more liability risks. When you’re generating more income , it basically means more business.

Insurance 201

Insurance Legal Compensation Injury 201

Construction Equipment

OCTOBER 6, 2017

Astec Industries, Inc. announced this week the acquisition of substantially all of the assets and liabilities of RexCon LLC, one of the leading full-line concrete batch plant manufacturers in the U.S. The aggregate purchase price for the assets is $26 million, which was funded through cash on hand.

Industrial 65

Industrial Liability Concrete 65

Green Building Law Update

APRIL 4, 2021

economy, and a reduction in the cost of capital through mortgages securitized with green building bonds, would not only be a dynamic shift in the economic underpinnings of the real estate industry, but create jobs, invest in existing buildings, and more, with the resultant fixing of the planet. It is time to dare and endure.”.

Green 293

Green Debt Security Commercial 293

Levelset

AUGUST 24, 2022

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.

Liability 52

Liability Risk Insurance Contractors 52

Viewpoint Construction Technology

FEBRUARY 14, 2018

Despite its benefits, however, BIM adoption isn’t as widespread in construction as some might think, according to recent industry findings. The 2017 report found the industry hasn’t made much progress in this regard. construction industry isn’t dedicating as much time and energy to BIM adoption as it could be.

BIM 223

BIM Contractors Software Software 223

Construction Marketing

JUNE 19, 2023

A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. Certifications exhibit adherence to industry standards and regulations, such as those set by Occupational Safety and Health Administration (OSHA).

Certification 183

Certification Site Accidents OSHA 183

Construction Business Owner

JUNE 1, 2022

Going forward there will be a long-term asset offset by a current liability and a long-term liability. Construction Industry CPAs and Consultants (CICPAC) recently released a whitepaper titled: ASC 842 – Implementing Leases – Focus areas for contractors.

Leases 177

Leases FASB Finance Accounting 177

Pro Builder

FEBRUARY 4, 2021

What Home Builders Should Know About Liability Insurance. Q+A with Katie Beck about assessing risk for a changing home building industry. cbroderick. Thu, 02/04/2021 - 12:41. Beck dives into the details on how insurance companies are changing their coverages and how builders can protect themselves through these ever-changing times.

Insurance 52

Insurance Liability Risk Management 52

Construction Marketing

FEBRUARY 20, 2023

Don’t forget that cultivating relationships with clients is essential in this industry. Investing in insurance and other strategies can help protect you from any unexpected liabilities related to the projects you take on. And providing a great customer experience can often be a make-or-break for their decision-making.

Construction 311

Construction Risk Management Resource 311

Construction Superintendent Magazine

AUGUST 5, 2020

Association officials urged government officials to enact liability reform, boost infrastructure investments and extend tax credits to help the industry recover and rebuild.

AGC 111

AGC Infrastructure Liability Metro 111

FDR Safety

APRIL 15, 2020

While accidents are an unfortunate reality in industry, some involved trained workers being in the line of fire. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. In recent months, we at FDRsafety have been surprised at the number of cases involving injuries resulting from falling objects.

Regulation 156

Regulation OSHA Feasibility Accidents 156

FDR Safety

APRIL 15, 2020

While accidents are an unfortunate reality in industry, some involved trained workers being in the line of fire. In some cases OSHA is involved and in others, there is a civil suit alleging tort liability. In recent months, we at FDRsafety have been surprised at the number of cases involving injuries resulting from falling objects.

Regulation 156

Regulation OSHA Feasibility Accidents 156

Construction Law

NOVEMBER 4, 2024

Building Liability Orders (BLOs) were introduced by s.130

Liability 40

Liability Legal Claims Safety 40

Construction Business Owner

DECEMBER 4, 2023

mhodges Mon, 12/04/2023 - 08:13 According to Joe Tejeda, Practice Leader for PCF Construction, one of the most pressing issues in the construction industry today is the unforeseen or unintended increase in risk exposures due to rising construction material costs. Learn more about PCF Construction Insurance.

Insurance 156

Insurance Risk Security Contractors 156

Job Order Contracting

DECEMBER 3, 2020

Robust processes have existing for decades that are capable of delivering quality projects on-time and on-budget 90% of time versus the industry standard of 10%-20%. locally researched detailed line item cost data to enable cost visibility and transparency associated with liabilities, budgets, plans, etc.

Procurement 241

Procurement Construction Plans Budget 241

Green Building Law Update

NOVEMBER 17, 2019

Adverse health impacts from PFOA are being policed by the marketplace and enforced by the rule of law through these common law state tort liability suits. Populations in nearly all industrialized nations have a PFOA blood level of at least 2 parts per billion and PFOAs are still being produced in many countries. But this is not a U.S.

Liability 120

Liability Regulation Products Environment 120

Construction Business Owner

NOVEMBER 8, 2011

Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.

Construction 174

Construction Software Software Accounting 174

Construction Marketing

NOVEMBER 25, 2014

Paper forms decrease worker productivity, increase risk/liability, and decrease operational efficiency. Here are some processes in the construction industry that can make an easy conversion to mobile. Mobile business apps are more accessible to businesses than ever. Site Inspections. Site Safety and Compliance Reporting.

Mobility 235

Mobility Inspections Construction Safety 235

Job Order Contracting

MAY 17, 2022

The proposed rules contain a “safe harbor” for liability for Scope 3 emissions disclosure. Additionally, GHGRP (codified at 40 CFR Part 98) requires reporting of greenhouse gas (GHG) data and other relevant information from large GHG emission sources, fuel and industrial gas suppliers, and CO2 injection sites in the United States.

Regulation 264

Regulation Risk Equity Organization 264