A federal court's ruling in favor of a subcontractor’s delay claim, despite no damage for delay language in the subcontract, presents a potentially potent weapon for unpaid subcontractors and prime contractors.
Four Safeguards for Material and Labor Price Variability
While predicting the future is impossible, there are steps contractors can take to minimize the risk of increasing construction input prices. The key is to recognize the potential for price variability before commitments are made.
Looking Past the Workers’ Comp Premium
When choosing a workers’ comp carrier, consider costs but don’t overlook how carriers historically handle claims and their reserving practices (how much is set aside to pay claims).
A General Contractor’s Guide to State Surety Bond Thresholds
Here’s a a comprehensive list of the thresholds for general contractors when it comes to staying compliant with license and bond requirements.
The Right Endorsement: Additional Insureds
Adding other parties as an additional insured on a general liability policy is popular. ISO’s versions of the standard endorsements, CG 20 10 and CG 20 37, are not always advantageous to additional insureds, especially in construction.
The Pros and Cons of Being a Qualified Contractor
When the benefits and challenges are weighed against one another, those who have the personal traits and follow the licensing process will be set up for long-term success as a qualified construction contractor.
Beware of Indemnification Clauses
A number of options and risk management techniques can be utilized to help mitigate the liabilities inherent in indemnification clauses.
Constructing an RMIS Solution to Meet the Demands of a Growing Construction Industry
With cutting-edge technology becoming more mobile, less expensive and more accessible, the introduction of a risk management information system (RMIS) is becoming a reality.











