Lets Build

MAY 19, 2023

This is where construction quality management comes in. To that end, project mangers must have a construction quality management system. More importantly, it helps to minimise the risk of costly fines due to errors. This post will delve into construction quality management to help you learn all it entails.

Management 141

Management Inspections Construction Plans 141

BD+C

SEPTEMBER 13, 2013

Worries about legal liability have long dogged the sustainable building movement, but insurance expert Karen Erger (Locton Companies) and attorney Eric Singer (Ice Miller LLP) say sustainability lawsuits are caused by the same types of issues that have always prompted clients to sue AEC firms. read more. "The

Liability 72

Liability Risk Insurance Green 72

Construction Dive

JULY 24, 2018

Taking responsibility for even a small portion of the design can expose contractors to increased liability. Here's how to limit the risks.

Risk 88

Risk DOT Liability Design 88

Construction Law

MAY 4, 2021

Liability for what went wrong has still to be established, but the report raises serious questions that all companies and individuals working in the rail sector need to ask. Other inquiries are being made jointly by Police Scotland, British Transport Police and railway regulator the Office of Rail and Road.

Risk 52

Risk Management Inspections Accidents 52

Construction Business Owner

OCTOBER 31, 2013

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

BIM 176

BIM Liability Modeling Risk 176

Construction Business Owner

DECEMBER 4, 2023

Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. These costs have surged due to a combination of factors, including supply chain disruptions, and high demand.

Insurance 156

Insurance Risk Security Contractors 156

Construction Business Owner

DECEMBER 14, 2012

BORDENTOWN, NJ (December 12, 2012) – Hundreds of insurance professionals attending the highly successful forum on “Contractors Professional Liability Insurance - A Visit with Underwriters” at the 32nd IRMI Construction Risk Conference in Orlando, Florida were recently rewarded with the expert insights of leading risk management executives discussing (..)

Liability 120

Liability Insurance NJ Contractors 120

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.

Regulation 194

Regulation Risk Sustainability Management 194

Construction Business Owner

DECEMBER 20, 2018

“ Adapt or Die,” is arguably the most memorable line from the movie version of "Moneyball. " The meaning of the quote and how it relates to business and risk management is paramount—we must fight and overcome the current status quo if we want to change the industry.

Industrial 231

Industrial Liability Construction Risk 231

Pro Builder

FEBRUARY 4, 2021

What Home Builders Should Know About Liability Insurance. Q+A with Katie Beck about assessing risk for a changing home building industry. Business Management. Business Management. cbroderick. Thu, 02/04/2021 - 12:41. Watch the full segment below. Watch past segments here. Operations.

Insurance 52

Insurance Liability Risk Management 52

Building Radar

JULY 15, 2024

Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. Common Types of Construction Insurance General Liability Insurance (CGL) Commercial General Liability (CGL) insurance is essential for both general and trade contractors.

Insurance 52

Insurance Liability Construction Risk 52

Construction Marketing

DECEMBER 27, 2021

As a contractor, you likely know that your business is always at risk. 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? General Liability Insurance.

Insurance 156

Insurance Contractors Accidents Liability 156

Autodesk Construction Cloud

FEBRUARY 1, 2022

Everything you need to know about construction quality and how to manage it. We’ll examine what is quality management, how construction quality is determined, what can stand in the way of quality programs, and what processes you can put in place to ensure the highest quality for any job. Quality is what separates the good from the bad.

Management 97

Management Construction Risk Documentation 97

Pro Builder

DECEMBER 7, 2020

Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. Business Management. Business Management Best Practices. Operations.

Risk 92

Risk Construction Security Bidding 92

Pro Builder

JUNE 17, 2021

Managing Rising Construction Costs: Insurance. Builders and remodelers carry insurance policies that cover risks for the project, and coinsurance clauses, which are in many policies, say the builder should maintain coverage up to a specific value. cbroderick. Thu, 06/17/2021 - 10:43.

Insurance 52

Insurance Management Remodeling Construction 52

Job Order Contracting

AUGUST 22, 2019

The common facilities management challenges can be mitigated using LEAN alternative construction planning, procurement, and project delivery. Common Facilities Management Challenges: Limited Budget Limited Resources & Staff Deferred Maintenance Prioritizing Projects Meeting Project Timelines. appeared first on 4BT.

Management 134

Management Life Cycle Budgeting Budget 134

Safety Services Company

DECEMBER 1, 2023

In this blog, we’ll explore precisely how safety and compliance and its management can help you win contracts. With growing scrutiny on job site dangers and liability concerns, prioritizing safety is crucial in sustaining a competitive edge. Naturally, companies are likely to pursue bids from contractors who are at a lower risk.

Safety 107

Safety Bidding Contract Liability 107

Construction Marketing

FEBRUARY 20, 2023

This means having the right mix of engineers, architects, surveyors and project managers that know how to handle your unique project. Effective Management Practices Running this business means managing all sorts of employees, projects, equipment and more.

Construction 296

Construction Risk Management Resource 296

Job Order Contracting

MARCH 28, 2024

Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers. and Dossick, C.

Procurement 194

Procurement Construction DC AIA 194

Construction Marketing

JUNE 14, 2022

All these pose risks to the health of these workers. . It also ensures you’re not spending money on hospital bills, treating injured workers, and legal liabilities. . When recruiting new workers, ensure they know all the risks they may encounter with their work. Inspect Your Machines Regularly.

Safety 340

Safety Site Construction Inspections 340

Construction Business Owner

FEBRUARY 4, 2015

Technology can also dramatically change a contractor''s risk profile and create the potential for unforeseen liabilities.'

Management 120

Management Liability Mobility Risk 120

Fieldwire

JANUARY 16, 2024

Effective construction project management requires you to balance multiple moving parts. Here’s how you can master project management in 2024 with six key strategies. Operations and management: Train building occupants in proper use. However, managers often balk at losing what they see as productive time to training.

Project Management 52

Project Management Management Construction Life Cycle 52

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

Construction Business Owner

JANUARY 7, 2016

Jeff Slivka recently took leadership of New Day Underwriting Managers as the company’s new president. Slivka helped launch the company in 2005 and has since grown into an award-winning, specialty intermediary of environmental and construction-related professional liability insurance coverages and risk management services.

Liability 120

Liability Insurance Risk Management 120

Job Order Contracting

MAY 17, 2022

How a company assesses and plans for climate-related risks may have a significant impact on its future financial performance and investors’ return on their investment in the company. The proposed rules contain a “safe harbor” for liability for Scope 3 emissions disclosure. Is your organization ready? Conclusion.

Regulation 233

Regulation Risk Equity Organization 233

Autodesk Construction Cloud

FEBRUARY 25, 2022

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: Current Assets / Liabilities . Current Ratio

Safety 94

Safety Debt Liability Equity 94

Construction Business Owner

OCTOBER 24, 2016

In today’s litigious environment, claims against construction companies are inevitable, and off-the-shelf solutions used to manage liability risks are too often inadequate. Construction defect claims are compounded by the fact that not all are covered by insurance, depending on the carrier and the applicable state statutes.

Claims 120

Claims Liability Insurance Risk 120

Autodesk Construction Cloud

JANUARY 19, 2022

To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Green Building Law Update

AUGUST 7, 2016

Given the large number of inquiries we have responded to about Zika, including about liability for building owners, this is a repost of an updated version of my February blog post on the subject. But where a building has an insect management plan, the negligent implementation of a plan may arguably give rise to liability.

Liability 120

Liability Puerto Rico Management Plans 120

The Korte Company

JULY 12, 2011

Correct Project Cost Estimation through Digital Contract Management The dream of any design firm is to successfully grow by having a large portfolio of clients. This means that principals are mostly bringing business to headquarters and the production team is busy managing the different projects.

Contract 40

Contract Liability Management Risk 40

Construction Law

NOVEMBER 4, 2024

Legal terms explained Tom Cadman of Herbert Smith Freehills LLP explains what is meant by Building Liability Orders. Contracts JCT Design and Build 24: Ground condition risk allocation Michael Allan of Pinsent Masons LLP examines the JCT Design and Build contract treatment of ground conditions risk.

Construction 40

Construction Insurance Contract Liability 40

Green Building Law Update

FEBRUARY 28, 2016

With respect to the likelihood of legal liability associated with the application of insecticides or failure to apply, it is the failure to act properly that may have the greater likelihood for landlord liability. Many LEED buildings have insect management plans (. while most non LEED buildings do not).

Liability 120

Liability Management Plans Florida 120

BD+C

MAY 3, 2024

Healthcare Facilities Out is In: Outpatient Care, Medical Office Buildings, and the Future of Healthcare Facilities Developers, owners, investors, and property managers are seeing an extraordinary change in healthcare real estate playing out in real-time, and for those tuned in to this trend in the market—change means opportunity.

Office 91

Office Safety Security Liability 91

Safety Services Company

JANUARY 5, 2024

As temperatures drop, the risks for contractors and construction workers multiply, from cold stress-related ailments to hazardous working conditions. Understanding and mitigating these risks is crucial for ensuring the safety and well-being of you and your team if you’re working in such environments.

Safety 79

Safety Accidents Construction Risk 79

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.

Insurance 52

Insurance Liability Claims Injury 52

DebunkTheBIM

DECEMBER 6, 2011

I am a manager of construction information, tools and people. “Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week. “Insurance is all about risk management” Says Walid Shidani in his interview given to Rupert Wright, this week.

Insurance 48

Insurance Risk Management BIM 48

Construction Marketing

JUNE 19, 2023

Crane certifications are crucial for construction site operations due to their critical role and potential risks. A solid commitment to safety can help reduce legal liabilities resulting from accidents or non-compliance with safety regulations. They demonstrate the crane operators’ proper training, knowledge, and machine operation.

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Certification Site Accidents OSHA 174