Remove Industrial Remove Liability Remove Security
article thumbnail

Rising Construction Costs Lead to Higher Risks

Construction Business Owner

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 292
article thumbnail

Project Protection 101: Exclusive Insights for Cost Challenges

Construction Business Owner

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
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advancing Healthcare: Medical Office Buildings at the Forefront of Access and Safety

BD+C

The recent trend of moving services and treatment away from general hospitals and towards medical office buildings is one sign of the industry evolving to meet today's challenges and preparing for what comes next. However, unlike other industries, healthcare providers face a number of unique and challenging security issues.

Office 91
article thumbnail

Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. There is no underwriting justification for lenders charging the same interest rates on mortgages secured by green buildings. Today there is a nascent (.

Green 293
article thumbnail

#91:  Liability Insurance for a Subcontractor's Defective Work

NH Construction Law

“May unintentionally faulty subcontractor work that damages an insured’s work product constitute an ‘accident’ under a commercial general liability insurance policy?” But what makes Skanska interesting is that the court took pains to distance itself from an earlier Michigan decision, Hawkeye-Security Ins.

article thumbnail

Safety First, Bidding Next: How Safety & Compliance Wins Contracts

Safety Services Company

Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Let’s look at why that is.

Safety 107
article thumbnail

Understanding the Essential Insurance Requirements for Construction Projects

Building Radar

Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors. Excess Liability Insurance Excess liability insurance extends the limits of a CGL policy, offering additional protection.