Construction Business Owner

DECEMBER 19, 2013

Since the creation of Subcontractor Default Insurance (SDI) in 1995, contractors have developed many informed and uninformed perspectives about this insurance product and how it functions. Multiple insurance carriers now widely use and offer SDI as a risk management tool to secure subcontractor performance.'

Insurance 120

Insurance Security Risk Products 120

Autodesk Construction Cloud

SEPTEMBER 13, 2022

So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.

Autodesk 105

Autodesk Risk Industrial Construction 105

Green Building Law Update

DECEMBER 3, 2017

There are a panoply of federal laws within discreet silos, including significantly: The Health Insurance Portability and Accountability Act (HIPAA), The Family Educational Rights and Privacy Act (FERPA), the Fair and Accurate Credit Transaction Act (FACTA), and the like. business seeking to mitigate the risk associated with data protection.

Green 120

Green Risk Claims Drafting 120

Construction Marketing

FEBRUARY 20, 2023

So take a closer look for more information on the things every construction business must have to be successful. Make sure you know your stuff when it comes to project planning and risk assessment so that everyone knows what’s expected of them. For every business, having really effective management practices is an absolute must.

Construction 293

Construction Risk Management Resource 293

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? A cyber loss involving employee and customer information can affect any business, and your construction team is no exception. Malicious cyberattacks could impact project designs, bid data, and security system information involved in architectural proposals. Business Management.

Risk 92

Risk Construction Security Bidding 92

Construction Business Owner

APRIL 5, 2012

INSURANCE |. « The Fundamentals of Building Information Modeling (BIM). 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.

Risk 120

Risk Insurance Construction Software 120

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98

Risk Defense Organization Insurance 98

Green Building Law Update

DECEMBER 1, 2011

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. For more information on this program, click here. I hope to hear from you on the webinar.

Green 159

Green Liability Legal Risk 159

Pro Builder

OCTOBER 4, 2021

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 97

Risk Defense Organization Insurance 97

DebunkTheBIM

DECEMBER 6, 2011

I am a manager of construction information, tools and people. I believe that hands-on manipulating of project information by all project participants is the key to achieving any meaningful improvement of the AEC industry operating within the post-gambling-era. But, back to insurance. ” Mr. . Should be promoted as such.

Insurance 48

Insurance Risk Management BIM 48

Construction Marketing

SEPTEMBER 24, 2015

Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Business Plan. Legal Documents.

Documentation 120

Documentation Insurance Legal Liability 120

Construction Law

APRIL 2, 2024

Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available. Expect greater information requirements from underwriters in the wake of Grenfell before cover is provided, he warns.

Risk 52

Risk Design Insurance Construction 52

Construction Specifier

FEBRUARY 9, 2024

Whether the motivation is building code compliance, building protection and performance, or insurance premium reductions, it is necessary for facility owners and managers to address flood risk and determine how to protect their facilities. Zone A has a high risk of flooding. A flood wall is an example of dry floodproofing.

Risk 64

Risk Zoning Insurance Renovating 64

Construction Law Monitor

MAY 8, 2013

Homes built with sustainable, energy-efficient materials are proving to be less vulnerable to wind, hail and water, making them better investments for homebuyers and more attractive to insurers seeking to lessen risk. This could mean lower insurance premiums for homeowners who take steps to increase their homes’ sustainability. .

Sustainability 58

Sustainability Risk Insurance Claims 58

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

Levelset

AUGUST 31, 2022

Whether you’re just starting your business or looking to change insurance carriers, it pays to go with a company that has experience and knowledge in providing insurance for the construction industry. These days you can purchase insurance on your own or go through a local agent. Best construction insurance companies.

Insurance 52

Insurance Liability Compensation Construction 52

Levelset

SEPTEMBER 19, 2022

As you dig deeper into your construction insurance policy, you may come across the terms first-party insurance and third-party insurance. Mastering the difference between these two concepts is crucial to understanding how different types of construction insurance protect you.

Insurance 52

Insurance Liability Compensation Claims 52

Job Order Contracting

FEBRUARY 7, 2020

A construction cost audit and associated checklist are important risk management and LEAN construction planning, procurement, and project delivery tools. This includes pre-construction and planning phase activities including initial owner scope of work as well as all related planning, procurement, and project management processes.

Construction 161

Construction Procurement Documentation CSI 161

Viewpoint Construction Technology

MARCH 14, 2018

This single source of data prevents errors and reduces wasted time, since people don’t have to go digging for information in multiple platforms and then wonder if the information is current. Speed Up Data Entry in the Field. Drones and other technologies assist with jobsite tracking. Better Track Jobsite Activities.

Products 221

Products Software Software Project Management 221

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

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

FDR Safety

JULY 12, 2016

OSHA’s new, misguided requirement for detailed electronic reporting of injury and illness data by employers has come under legal challenge by a coalition of trade associations, employers and an insurance company. The post Legal challenge to injury and illness data reporting rule appeared first on FDRsafety.

Injury 120

Injury Legal OSHA Employment 120

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

Levelset

OCTOBER 14, 2022

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.

Insurance 52

Insurance Liability Injury Compensation 52

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

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

SEPTEMBER 13, 2022

In most cases, that’s what insurance is for, and the contractor will typically initiate a claim against their policy to take care of it. But who can actually file a claim against the contractor’s insurance? And what if the insurance won’t cover all or some of the costs? The day-to-day work of a contractor is rife with risk.

Insurance 52

Insurance Claims Liability Accidents 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

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

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

Construction Marketing

JULY 30, 2019

Besides that, there is also the risk other unforeseen damages that can leave you counting losses. Consider Insurance and License. Besides that, if they are insured, you can be sure they will not become a liability in case they suffer an injury in the process of doing their job. This is because the problem will keep on recurring.

Contractors 120

Contractors Insurance Compensation Liability 120

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 172

Safety Construction Guidelines Employment 172

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

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.

Risk 52

Risk Management Contractors Construction 52

Safety Services Company

OCTOBER 30, 2023

The contractor prequalification process gathers information and conducts audits to ensure a contractor is reliable and capable. These can relate to your insurance, financial stability, safety records, etc. Hiring clients need assurance about contractors’ certification, practices, and qualifications.

Insurance 97

Insurance Certification Contractors Safety 97

FDR Safety

FEBRUARY 12, 2015

Here are some tips for creating that kind of world-class safety program: Companies should start the process by identifying the areas of greatest risk in their workplaces. Task-based risk assessments are a great tool for this process.). Contact us for more information. Accident Prevention FDRsafety newsletter Training'

Safety 120

Safety OSHA Risk Accidents 120