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How to Manage Catastrophic Construction Risk

Construction Business Owner

How to Manage Catastrophic Construction Risk. Manage construction risk on your construction projects better with a CPrL professional liability policy. Elizabeth Manning. Tue, 04/21/2020 - 11:58.

Risk 335
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Why GPS Fleet Tracking and Management is an Invaluable Technology for Owners & Managers

Construction Business Owner

Why GPS Fleet Tracking and Management is an Invaluable Technology for Owners & Managers GPS fleet tracking is an invaluable tool for construction businesses wanting to protect their assets, minimize liability, and reduce costs. mhodges Mon, 06/03/2024 - 15:42 Buckle up for safety.

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Understanding Design Defect Legal Liability

Construction Business Owner

Owners, contractors and designers must understand their potential liability for design issues on a project before the project starts. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability 205
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Managing Professional Liability Loss Exposures

Construction Business Owner

Managing professional liability risks in construction can be difficult. Although not all-inclusive, the following practices should enhance your risk-management strategy and reduce your long-term exposure to unforeseen professional losses.

Liability 135
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5 Tax-Saving Opportunities After Year-End

Construction Business Owner

5 Tax-Saving Opportunities After Year-End ccapoccia Tue, 03/04/2025 - 09:35 Tax planning is critical in managing cash flow and ensuring the government gets no more than its fair share. Most contractors know they must manage taxes but may be too busy to plan. However, there are still options to mitigate tax liability.

Cash Flow 156
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Beyond Driver Exoneration: How Dash Cams Reduce Exposure to Nuclear Verdicts

Construction Business Owner

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
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Liability and BIM Participation

Construction Business Owner

Understanding the risks associated with BIM can help contractors manage and make the most of this new technology.' However, participants should enter this new modeling world recognizing that these opportunities come with costs and risks.

BIM 190