Claims are inevitable, but there are ways contractors can protect their company before a claim is filed.
Resources for Contractor License Requirements
Contractors must be licensed in most states. The first step in obtaining a contractor’s license is recognizing requirements that may include a background check, training or education requirements and ability to obtain a surety bond.
Three Tools for Proactive Risk Management: Contracts, Fluent Dialogue and Change Management
Risk management is much more than insurance. A prudent construction executive will utilize the following three strategies for proactively managing risk and protecting the company’s right to payment.
Workers’ Compensation Is Broader Than the Border
When undocumented workers get hurt on the job, their individual illegal status does not obviate a right to workers’ compensation benefits; it may, however, limit the benefits to which they are entitled.
Stay on the Right Side of Safety Regulations With Technology
Contractors can mitigate risk by investing in technology to improve safety training, perform inspections and stay ahead of potential jobsite hazards by leveraging data and IoT tech.
Democratic Candidates Vie for Union Votes in Bids to Challenge Trump
Democrats hoping to unseat President Trump in 2020 are now focusing on pulling in the union vote.
Cannabis in the Workplace: Managing the Risks and the Law
Construction executives need to be flexible in dealing with changes related to medical and recreational marijuana, and be ready to make appropriate shifts in policy.
Managing Design-Build Risks From Design Through Construction
Design-build projects come with additional risks. Adherence to the contract and documentation guidelines can minimize risk and increase the success and profitability of the project.











