Risk

How Contractors Benefit From the Surety Bond Guarantee Program

by Greg Angel | Sep 10, 2019
Risk | Risk Management | Surety Bonding

The SBA Surety Bond Guarantee program can help small and emerging contractors jumpstart their business and remain competitive in the public and municipal sectors.

Resources for Contractor License Requirements

by Eric Weisbrot | Sep 8, 2019
Legal and Regulatory | Regulations | Surety Bonding

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

by Kristine A. Kubes | Sep 2, 2019
Contracts | Risk Management | Safety

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.

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.

Avoid Payment Bond Claims With These Six Tips

Payment bond claims are one of the most common, costliest and potentially most disruptive actions that can be brought against a contractor.

The World of Wrap-Ups and How Contractors Can Benefit

by Michael Alberico | Aug 17, 2019
Insurance | Risk Management | Safety

Before considering wrap-up insurance on a project, ask about benefits and risks, clarify misconceptions and know the keys to a successful wrap-up.

Captive Insurance: A Viable Strategy to Reduce Costs

Captives can save money, but contractors need to be aware of compliance and funding requirements, and IRS regulations. Consider costs, risks and benefits to ensure that a establishing a captive is a viable strategy.

Firming in the Construction Insurance Market

by David Bowcott | Aug 8, 2019
Insurance | Risk | Risk Management

As the insurance sector starts to firm, contractors can address risk factors with strong risk controls to prevent and mitigate risk.

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How Contractors Benefit From the Surety Bond Guarantee Program

Resources for Contractor License Requirements

Three Tools for Proactive Risk Management: Contracts, Fluent Dialogue and Change Management

Managing Design-Build Risks From Design Through Construction

Avoid Payment Bond Claims With These Six Tips

The World of Wrap-Ups and How Contractors Can Benefit

Captive Insurance: A Viable Strategy to Reduce Costs

Firming in the Construction Insurance Market

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