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. In other words, you can’t really define risk on the exact same way in every construction project. Even within the same project, there may be distinct sources of risk. Types of risk in construction.

Risk 165

Risk Management Construction Legal 165

Lets Build

JUNE 13, 2017

Protecting your construction site can be harder than you think. According to CIOB (Chartered Institute of Building) , only in the UK the construction is losing around 400 million pounds per year as a result of equipment theft and on-site vandalism. The Issue of Construction Site Theft. How To Prevent Construction Site Theft.

Site 165

Site Construction Equipment Security 165

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. Not sure where to start?

Industrial 127

Industrial Contractors Insurance Safety 127

Green Building Law Update

FEBRUARY 12, 2014

Insurance companies cannot recover environmental cleanup costs paid to their insured under the federal Comprehensive Environmental Response, Compensation and Liability Act, commonly known as Superfund, from another Potentially Responsible Party ( unless their insured had first pursued a separate claim to recover the cleanup costs from that PRP).

Insurance 120

Insurance Liability Legal Claims 120

Levelset

SEPTEMBER 14, 2022

Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.

Insurance 98

Insurance Liability Claims Injury 98

Construction Business Owner

APRIL 5, 2012

INSURANCE |. 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. This, after all, is the foundation of the insurance industry.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. In running a business, there must always be a certain amount of risk that you’re willing to take. Risk is healthy; it keeps things fresh and gives you the opportunity to evolve. I took a risk in 2005 and dressed up as Superman for a marketing campaign. Or you could take a risk in offering a new product.

Construction 195

Construction Software Software Accounting 195

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 226

Construction Procurement Documentation CSI 226

Construction Marketing

FEBRUARY 20, 2023

For example, if you’re looking for a dependable car to use as you head out to different job sites, the Toyota Hilux is well-known for its reliability. Make sure you know your stuff when it comes to project planning and risk assessment so that everyone knows what’s expected of them.

Construction 311

Construction Risk Management Resource 311

Construction Marketing

MAY 19, 2021

As an employer, you should ensure that your construction site offers maximum safety and security standards to its workers. Here are critical steps you can undertake to enhance safety at your construction site. As a CEO, you should set safety standards for all people accessing the construction site. Keep track of all machinery.

Safety 183

Safety Construction Guidelines Employment 183

Best Practices Construction Law

NOVEMBER 11, 2013

You probably saw last month’s report about a second work-related fatality at the construction site of the San Francisco 49er’s new football stadium. Examples like this are good reminders of the lessons to learn when investigating or handling an accident on a construction site. These include: Prepare before the accident.

Accidents 86

Accidents San Francisco Site OSHA 86

Contractor Connection

FEBRUARY 2, 2025

For carriers, brokers, risk managers and adjusters this is not just a claim, it is a race against time. In the simplest terms, a commercial MRP is a nationwide network of contractors specializing in managed insurance claim repairs, providing simplicity and strong accountability for all parties involved. 3,000+ U.S.

Commercial 52

Commercial Claims Management Insurance 52

Job Order Contracting

FEBRUARY 24, 2018

Employee payroll taxes, insurance, and fringe benefits. Traffic and work site signs and barriers. Other risks of doing business (i.e. risk of a lower than expected contract dollar value, risk of a high inflation cost if factors are bid for option years, risk of poor subcontractor performance and re-performance).

Overhead 100

Overhead Permits Insurance Contract 100

FDR Safety

MARCH 28, 2018

When it comes to filling Temporary Safety positions, hiring managers simply can’t risk hiring an under qualified candidate. The reward of saving money on a less qualified employee is not worth the risk. We’ll even periodically visit sites to provide extra support to our client. Experience Required. Continuing Safety.

Safety 149

Safety Risk OSHA Insurance 149

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

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. Zones B, C, and X are areas of low to moderate flood risk.

Risk 64

Risk Zoning Insurance Renovating 64

Levelset

JUNE 3, 2022

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?

Insurance 52

Insurance Cash Flow Claims Contractors 52

Fieldwire

JANUARY 25, 2022

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. If you have enough workers for your construction project, you may face health and safety hazards on the construction site.

Risk 59

Risk Plans Insurance Construction 59

Levelset

AUGUST 24, 2022

Construction businesses need many different types of insurance to mitigate the risks associated with building projects. Two of the most common insurance policies that contractors have are builder’s risk and general liability, which serve very different purposes. What is builder’s risk insurance?

Liability 52

Liability Risk Insurance Contractors 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

Wolgast Corporation

JULY 6, 2022

Members include architects, risk managers, parking specialists, lawyers, and perimeter safety professionals. Additionally, the fire department should be called on site in case any gas lines were effected, which could start a fire or explosion. The emergency response report is also useful in your insurance claim for timing and dates.

Insurance 118

Insurance Claims Safety Michigan 118

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

SEPTEMBER 2, 2022

Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.

Insurance 52

Insurance Liability Claims Injury 52

Job Order Contracting

SEPTEMBER 28, 2016

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Employee payroll taxes, insurance and fringe benefits. Traffic and work site signs and barriers. Quality control.

Contract 100

Contract Overhead Insurance Profitability 100

Viewpoint Construction Technology

MARCH 14, 2018

In construction, jobsites and their conditions are never the same, which means processes can vary from site to site. For example, drones can be used to record real-time construction data on the job site. Cloud-based, mobile-friendly apps make it easy for crews in the field to input data via a tablet, laptop, or smartphone.

Products 221

Products Software Software Project Management 221

Business Facilities

OCTOBER 24, 2017

Companies are asking themselves in the wake of these catastrophic and costly storms, are we adequately evaluating the risk of natural disasters when deciding where to locate new facilities? This initial GIS screening is the optimal opportunity to incorporate natural disaster risk potential into a site selection evaluation.

Risk 42

Risk Site Puerto Rico California 42

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

Construction Law

MARCH 4, 2025

Legal terms explained Nick Oury and Maddy Van Every of Herbert Smith Freehills LLP explain IBAs new Site Visit Model Protocol Guest editor Nerves of steel with millions at stake For steel importers facing retrospective duty claims in excess of 25 million due to purported, post-Brexit administrative errors, the battle against HMRC is just beginning.

Construction 40

Construction Procurement Legal Insurance 40

Safety Services Company

OCTOBER 16, 2023

In that case, the responsibility of dealing with workplace accidents or unsafe job sites will fall upon them, causing legal issues. Those who do not comply pose a high risk of impacting the hiring client’s project. You must upload 3 years of OSHA logs, Insurance (COI & EMR), and Safety programs (RAVS®).

Management 126

Management Contractors Safety OSHA 126

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

HardHatChat

OCTOBER 18, 2016

This team’s work could also include initial site visits and evaluations. Risk Manager and Safety Officer. While it’s always our goal to do the best work we can for our clients, our first priority as a responsible commercial construction firm is the safety of our workers and our job sites.

Commercial 120

Commercial Safety Construction Project Management 120

Levelset

SEPTEMBER 13, 2022

Whether a third party gets hurt around the job site or the contractor causes property damage, someone needs to pay to make things right. 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. And what if the insurance won’t cover all or some of the costs?

Insurance 52

Insurance Claims Liability Accidents 52

Best Practices Construction Law

SEPTEMBER 22, 2020

You probably saw last month’s report about a major accident at a construction site in downtown Miami, Florida. This is a good reminder of the lessons to learn when investigating or handling an accident on a construction site. Make sure medical issues are resolved immediately and lock down the site for evidence preservation.

Accidents 62

Accidents Site OSHA Miami 62

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

Lets Build

MAY 18, 2017

Disputes over insurance agreements can be, for example, one of those reasons. One of the project parties may feel that it’s entitled to some compensation while the insurance company, or whoever is responsible for that may have a different opinion. Keep a Site Diary. The reasons for a contract dispute may vary each time.

Construction 165

Construction Life Cycle Contract Plans 165