Risk

The Expansion of Potential Liability of Construction Managers and Consultants

by Scott D. Cessar | Oct 10, 2019
Contracts | Dispute Resolution | Risk Management | Safety

There is a greater likelihood of lawsuits naming construction managers and consultants as defendants. The consequence of more claims has led to increased costs for legal expenses and settlements.

Risks to Consider When Bidding on a Construction Project

Forward-looking contractors integrate risk management in their bidding process. It involves careful planning of project schedule, realistic budget assessment and systematic mapping of potential obstacles.

Failing to Adopt a Comprehensive Cyber Plan Can Lead to Disaster

by Richard Volack | Oct 4, 2019
Cybersecurity | Risk Management | Technology

Most construction companies do not have cyber insurance or a cyber security plan to deal with a computer breach or hacker. A cyber plan speeds up the investigation and response time to the breach.

Six Ways to Combat Workforce Risks

This article explores six risk management strategies construction companies should consider as they face today’s workforce challenges.

A Comprehensive Cyber Security Plan Is Key to Robust Risk Management

by Richard Volack | Oct 2, 2019
Cybersecurity | Risk Management | Technology

A breach or hack of a construction company’s computer systems can result in loss of income, loss of clients, loss of trust by the public and even the loss of the entire business.

Buying vs. Renting Health Insurance

by Nathaniel Peniston | Oct 2, 2019
Insurance | Risk Management | Wellness | Workforce

Businesses with more than 25 employees should consider buying health insurance instead of renting it.

Construction Lien Waiver Provisions Contractors Should Be Using

Not all lien waivers are created equal. While lien waivers include a release of liens, they can also include language on payment to lower-tier subs, indemnification and defective work.

Controlled Insurance Programs on Construction Projects

by Edgar Alden Dunham IV | Sep 23, 2019
Business | Insurance | Project Delivery | Risk

Developers, contractors and subcontractors who aren’t familiar with WRAPs or CIPs should know what they are as they may encounter them on more moderately-sized projects.

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Risk

The Expansion of Potential Liability of Construction Managers and Consultants

Risks to Consider When Bidding on a Construction Project

Failing to Adopt a Comprehensive Cyber Plan Can Lead to Disaster

Six Ways to Combat Workforce Risks

A Comprehensive Cyber Security Plan Is Key to Robust Risk Management

Buying vs. Renting Health Insurance

Construction Lien Waiver Provisions Contractors Should Be Using

Controlled Insurance Programs on Construction Projects

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