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
Deterioration of Bridge Infrastructure Is Increasing Insurance Needs
By Grace Calengor
An expert from CAC Specialty gives his insight into insuring bridge construction projects before, during and after natural disaster.
Risk
Strength in Surety: Surety Bond Market Is Primed to Support Federally Funded Projects
By Ryan Work
Much like the broader construction industry, the surety market remains robust and is well-positioned to meet the bonding needs of numerous new projects funded by federal initiatives such as the Infrastructure Investment and Jobs Act and the Broadband Equity, Access and Deployment Program.
Risk
Special Agents: The Right Surety Agent to Help You Obtain the Right Surety Bond
By Todd A. Feuerman
A construction CPA outlines the importance of having the right surety agent on your side when trying to obtain bonding for construction projects.