Risk
Business
Design-Build Poses a Greater Risk to Contractors Than Conventional Delivery
Many contractors using design-build experience lower profitability and losses.
By David Pacifici
April 26, 2022
Topics
Risk
Business
by David Pacifici
David Pacifici, CIC, CRM, RPLU, provides strategic leadership and direction for crafting coverage to solve clients' professional liability insurance needs for alternative project delivery methods such as integrated project delivery, public-private partnership and progressive design build. He has more than 30 years of experience as an underwriter and licensed broker specializing in construction and design professional liability insurance. For the past 20-plus years, his focus has been on providing professional liability insurance to real estate developers, construction contractors, and design professionals. He specializes in insurance solutions for large infrastructure and vertical projects.
Related stories
Risk
Key Legal Issues to Consider Before and After Natural Disasters
By Patrick Kelly
From force-majeure provisions to price-gouging considerations, make sure your legal strategy prepares your construction company to weather any storm.
Risk
Mitigating Risk in Construction Site Preparation
By Joseph Willis
The best defense is a good offense, and in the case of construction, the best reaction to jobsite risk is being proactive and prepared.
Risk
Damage Control: Major Rebuilds After Major Weather Events
By David McMillin
Hurricanes, tornadoes, wildfires and more—each of these major weather events comes with different challenges, but they all share one common need: someone who knows how to rebuild.