Demystifying the Surety Industry’s Expedited Dispute Resolution Bond
An EDR bond expedites dispute resolution between parties to the bond as to the surety’s obligation for project completion when a contractor defaults.
Allocating Responsibility and Damage Costs in Multi-Party Construction Disputes
In construction defect disputes, there is little consensus on how to allocate responsibility and costs to implicated parties.
Top Issues and Trends for Construction Contractors to Watch in 2020
Market issues, such as labor shortages, trade tariffs and severe weather events, can affect profits and hamper contractors’ ability to control risk.
Trust but Verify: Why Cybersecurity Is Important for Construction Contractors
Educating staff and taking precautions to prevent cybersecurity attacks is essential. Trust but verify.
Four Tips to Reduce Transportation Claims and Costs
Reducing claims and claim costs requires minimizing accidents and improving construction companies’ standing with insurance companies. Here are key strategies to doing this in 2020.
When Work Takes the Ultimate Toll
The 2015 suicide rate for men in construction was four times higher than the overall rate. Open communication and action are crucial when it comes to suicide prevention.
Stay in Control: Seamless Project Finance Management Is Key to Success
With improved project control over operational and financial performance, construction businesses can become more transparent and efficient.
2020 Cyber Risk Outlook
As cyber threats increase in numbers and complexity, contractors can take steps to reduce the chances of a cyberattack and the cost associated with it.
