Construction Business Owner

FEBRUARY 5, 2025

Resource Management: IUPATs focus on industry best practices can improve your overall project flow and resource allocation. Lower Insurance Costs: A strong safety record can lower your insurance premiums and improve your bottom line.

Union 293

Union Safety Resource Industrial 293

Construction Business Owner

JUNE 27, 2024

Prevent Water Damage From Wreaking Havoc ccapoccia Thu, 06/27/2024 - 13:35 The impact of inefficient and ineffective water management on construction projects is increasing at an alarming rate. The cost of those payouts has been rising steeply for several years, and insurers have consequently taken severe steps to mitigate their risks.

Insurance 316

Insurance Risk Claims Accounting 316

Construction Business Owner

JUNE 8, 2017

Thanks to new technology, our vehicles are getting smarter and safer every day, with programs to help manage everything from GPS navigation and blind spot detection to lane-departure notification and emergency braking.

Insurance 151

Insurance Equipment Management 151

Construction Business Owner

FEBRUARY 3, 2025

1) Obtain management support. Managements attitudes, values, and beliefs drive a companys culture. Keller Center for Market Insights survey, 51 percent of managers indicated that the most significant determinant of running a safe operation was that their leadership consistently shows that safety is important. In a 2024 J.

Safety 191

Safety United States Risk Regulation 191

Construction Marketing

DECEMBER 27, 2021

Between the potential for accidents and injuries on the job site and the risk of lawsuits, it’s important to have insurance to protect yourself from financial losses, but what kind of insurance do you need? Here’s an overview of the most important types of insurance for contractors. General Liability Insurance.

Insurance 156

Insurance Contractors Accidents Liability 156

Construction Business Owner

APRIL 5, 2021

The still-evolving circumstances of the COVID-19 pandemic paired with construction’s already demanding work environment has the industry operating at the height of caution and risk management. But for business owners, now is as crucial a time as ever to assess some of the more familiar pillars of protection: insurance.

Risk 334

Risk Insurance Safety Environment 334

The Constructor

JUNE 25, 2022

If you’re a part of a construction company, you must realize how important it is to have reliable equipment. Without the right tools and.

Equipment 264

Equipment Insurance Construction Engineering 264

HardHatChat

MARCH 13, 2013

Our clients are not in the business of commercial facility management. The big take away from all of these services is that the right commercial facility maintenance can serve as the best insurance policy and save you thousands in facility maintenance costs. They sell merchandise, deliver fine dining experiences and run enterprises.

Commercial 207

Commercial Insurance Retail Chicago 207

Safety Services Company

DECEMBER 31, 2024

It standardizes contractor management and ensures contractors meet specific safety, insurance, and compliance expectations for hiring clients. Insurance Documentation: Submit certificates of insurance (COI) with precise wording and coverage mandated by Mohawk Industries.

Industrial 127

Industrial Contractors Insurance Safety 127

Construction Equipment

FEBRUARY 8, 2021

Insurance companies offer usage-based insurance (UBI) in the automotive industry, but heavy equipment managers will probably not find anything similar for several years. UBI uses telematics to tie insurance costs to the way a vehicle is operated. Equipment managers may still benefit from telematics…

Insurance 118

Insurance Equipment Management Industrial 118

Construction Business Owner

JUNE 26, 2013

For most businesses, workers’ compensation is the largest insurance expense line item. Being able to secure the lowest possible premium and reduce the impact of an audit will help you avoid the headaches many companies face in managing this insurance.

Compensation 244

Compensation Insurance Security Management 244

Viewpoint Construction Technology

MAY 15, 2018

These days, many contractors are faced with managing larger, more complex projects on a regular basis. Construction management is challenging, in no small part because the industry is governed by a plethora of regulations. Insurance and bonding requirements. Building codes. Credit and background checks. Lien requirements.

Management 173

Management Regulation Construction Documentation 173

Viewpoint Construction Technology

NOVEMBER 28, 2012

Burrows Professor Emeritus of Construction Engineering at Virginia Tech and is author of Construction Equipment Economics , a handbook on the management of construction equipment fleets. His ideas and methods regarding the management of heavy equipment are, in my opinion, the gospel for the industry.

Equipment 207

Equipment Management IDEA Virginia 207

Job Order Contracting

FEBRUARY 28, 2025

Facilities Total Cost of Ownership (TCO) is a holistic, multidisciplinary approach to managing all the “costs” associated with ownership of a facility (or any built structure) over its lifespan, from planning, through procurement, construction, operations and maintenance, and disposal/recycling. Identify factors that impact TCO.

Life Cycle 162

Life Cycle Management Equipment Environment 162

Viewpoint Construction Technology

AUGUST 29, 2018

To maximize equipment investments , one must first understanding the differences and relationship between ownership and operating costs, leverage the right tools and technologies to obtain accurate field data on performance and usage, then make data-driven decisions to optimize fleet management and maintenance.

Equipment 189

Equipment Management Profitability Viewpoint 189

Construction Business Owner

JANUARY 15, 2017

Currently, the construction insurance marketplace, excluding health insurance, proves to be a favorable environment for the insurance buyer.

Risk 208

Risk Insurance Negotiation Commercial 208

Construction Marketing

FEBRUARY 11, 2021

Insurance, liability, and workers’ compensation . Other costs: Insurance, taxes, advertising, vehicle maintenance, dumpster fees, and petrol. A separate bank account will make management easier, and it will help protect your personal assets. It also makes filing taxes more manageable. . 13) Business insurance.

Insurance 296

Insurance Liability Legal Compensation 296

Construction Business Owner

DECEMBER 20, 2020

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Risk Management.

Insurance 156

Insurance Virgin Islands Puerto Rico Alabama 156

Contractor Connection

FEBRUARY 2, 2025

For carriers, brokers, risk managers and adjusters this is not just a claim, it is a race against time. Commercial managed repair programs (MRPs) are the solution to navigating this critical moment. Embracing a commercial MRP is a powerful strategy to optimize the claims process, minimize delays and improve commercial loss management.

Commercial 52

Commercial Claims Management Insurance 52

Levelset

MARCH 21, 2022

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Viewpoint Construction Technology

MAY 23, 2018

Editor’s Note: This is Part 2 of a five-part series on Construction Project Management. Last week, we talked about the complexity of construction projects and the role of the project manager in managing the processes behind them. Hire bad people to manage and build the project? Championing Construction Collaboration.

Project Management 182

Project Management Management Software Software 182

Contractor Connection

OCTOBER 11, 2023

In today’s ever-evolving insurance landscape, the importance of swift and efficient claim resolution cannot be overstated. Let’s embark on a thorough exploration of how Contractor Connection partners with the insurance industry, delivering a holistic, efficient, and dependable claim journey.

Insurance 105

Insurance Contractors Industrial Claims 105

Construction Law

MARCH 1, 2021

Insurance has never felt cheap to companies in the construction sector, although many or most of them never took the sort of risk management measures highlighted in our regular insurance articles, so to a large extent often had only themselves to blame if they were paying higher premiums than they need have. Premiums soared.

Insurance 97

Insurance Risk Industrial Plans 97

Safety Services Company

JANUARY 31, 2025

The supply chain industry is rapidly evolving, making effective supply chain risk management solutions more critical than ever. If youve been keeping an eye on recent industry developments, youve probably seen that Achilles Information Ltd recently acquired Global Risk Management Solutions (GRMS).

Risk 62

Risk Management Safety Contractors 62

Construction Business Owner

NOVEMBER 23, 2020

How to Step Up Your Game on Loss Control & Claims Management. Achieving favorable terms in a hard property & casualty insurance market. Risk Management. construction claims management. Cobbs Allen is an independent, national agency focused on risk management in niche practice groups. Greg Ragsdale. Main Image.

Claims 156

Claims Virgin Islands Management Puerto Rico 156

Viewpoint Construction Technology

MAY 30, 2018

Editor’s Note: This is Part 3 of a five-part series on Construction Project Management. Previously, we looked at the complexity of construction projects and the importance of the folks working on project teams—especially the project manager who has to keep all people and processes moving on a daily basis.

Project Management 173

Project Management Management Contractors Software 173

The Constructor

APRIL 5, 2022

A Federal Housing Administration (FHA) loan is the only home mortgage insured by the government in the USA. It is one of the largest construction.

Insurance 261

Insurance Construction Housing Engineering 261

Levelset

MAY 23, 2022

One way to help protect yourself from some of these perils is by having business interruption insurance for construction. This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. What does business interruption insurance cover ?

Insurance 97

Insurance Contractors Construction Claims 97

Building Radar

DECEMBER 10, 2024

Effective financial management in construction projects is crucial for ensuring profitability and sustainability in a highly competitive industry. With the complexity of construction processes, understanding construction financial management becomes essential for project success.

Management 52

Management Cash Flow Construction Budget 52

Construction Business Owner

OCTOBER 20, 2014

This affects the management of the project, insurance, bonds and, ultimately, profit on a project.' As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase.

Liability 205

Liability Legal Design Insurance 205

Construction Business Owner

JUNE 1, 2023

candidate at Capitol Technology University, and a senior construction safety manager and senior safety and loss consultant with a 25+ year record of success overseeing all areas of safety on multimillion-dollar construction, infrastructure, environmental, health and safety projects for government, insurance and private-sector clients.

Safety 287

Safety Equity ASPE Consulting 287

Safety Services Company

OCTOBER 16, 2023

For contractors, these come in the form of a process known as prequalification and contractor management. What is Contractor Management? Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards.

Management 126

Management Contractors Safety OSHA 126

Construction Junkie

OCTOBER 21, 2020

There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Financials can be sorted, viewed, and filtered by project type, cost code, project manager, labor & material, and self-performed work vs. subcontracted work, among many other options.

Sage 145

Sage Management ProCore Construction 145

Lets Build

JUNE 6, 2017

There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. Check out this #awesome construction risk management guide Click To Tweet. All these different hazards can be divided to the following categories: Project Management Risks. How to efficiently manage risk.

Risk 165

Risk Management Construction Legal 165

Pro Builder

MAY 10, 2021

FEMA Moves to Improve Flood Insurance Program. NAHB Policy Brief | The next phase of the National Flood Insurance Program is supposed to better reflect the actual risks to properties; builder confidence increased during April. . The Federal Emergency Management Agency (FEMA) has released its implementation schedule for Risk Rating 2.0,

Insurance 97

Insurance NAHB Risk Housing 97

Levelset

MARCH 31, 2022

In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You don’t work for the insurance company or the adjuster, and they don’t work for you.

Insurance 93

Insurance Deals Contractors Claims 93

Pro Builder

JULY 9, 2021

Companies Seek to Attract Needed Workers with Wage Hikes, Bonuses, Insurance. In an attempt to draw in more employees, some company owners are hiking wages, offering bonuses, and including health insurance. Business Management. Business Management. cbroderick. Fri, 07/09/2021 - 09:55. Read More. . Trade Contractors.

Insurance 98

Insurance Remodeling Michigan Drawings 98