Risk

Assignment of Benefits Agreements Are Subject to New Legislation

by Nate Budde | Sep 20, 2019
Insurance | Legal and Regulatory | Risk Management

When emergency repairs are required, an assignment of benefits lets contractors perform work and file a claim directly with the insurance company. Some states have implemented new regulations for AOBs.

Unlike Books, It’s Okay to Judge a Subcontractor by Its Cover(age)

by Brian C. Richardson | Sep 19, 2019
Dispute Resolution | Insurance | Safety

Creating and implementing a subcontractor prequalification program is not only prudent, but may be required by the GC’s CGL policy as a precondition to coverage.

Demystifying the Contract Surety Bond Process

Here is what contractors need to know about obtaining and expediting contract surety bonds and working with the right partner.

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.

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Assignment of Benefits Agreements Are Subject to New Legislation

Unlike Books, It’s Okay to Judge a Subcontractor by Its Cover(age)

Demystifying the Contract Surety Bond Process

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

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