Legal Liability Reference 
Construction Law
AUGUST 5, 2024
Constructive acceleration often refers to a situation where the contract administrator (or equivalent) fails to award an extension of time (“EOT”) to which the contractor is entitled, and the contractor is compelled to accelerate the works to meet the original completion date, essentially to avoid liability for liquidated damages.
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.
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Building Radar
JULY 30, 2024
In the construction industry, the term “substantial completion” plays a crucial role in defining when a project is considered complete from a legal and practical standpoint. It often triggers various contractual and legal obligations, such as final payments and the start of warranties.
Construction Marketing
SEPTEMBER 24, 2015
A construction business needs need public liability insurance , and employers’ liability insurance if you employ staff. Although public liability insurance is not a legal requirement, it should be regarded as essential. Legal Documents. There are many different types of insurance in the United Kingdom.
Safety Services Company
OCTOBER 16, 2023
The Importance of Prequalification and Contractor Management Prequalification refers to the process of assessing and evaluating potential contractors or subcontractors before awarding them a project. Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work.
Levelset
SEPTEMBER 2, 2022
While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss. Errors and omissions insurance, also called professional liability insurance, is one tool that contractors can use to transfer risk away from themselves.
Green Building Law Update
FEBRUARY 13, 2022
These new laws are the Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 and the Limited Liability Partnerships (Climate-related Financial Disclosure) Regulations 2022. the principal climate-related risks and opportunities arising in connection with the company’s operations, and.
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