Risk Management

Using Lien and Bond Claims to Secure Project Payments

by Jonathan Cheatham | Feb 15, 2021
Dispute Resolution | Legal and Regulatory | Risk Management | Surety Bonding

When disputes arise on a construction project, mechanic’s liens and payment bonds ensure that rights are protected, remedies for non-payment exist and that they are enforceable.

Modular Construction Presents Double the Exposure, Double the Risk

by Gary Clevenger | Feb 5, 2021
Markets | Risk Management

While the need and relevancy of modular construction continues to rise, companies should ensure they are well-versed in what risks these projects may present.

Stop-Work Authority Becomes Stop-Work Responsibility

by Rocky Rowlett | Feb 4, 2021
Risk | Risk Management | Safety | Wellness

Give workers control of their own (and others) safety with stop-work authority, which gives them the ability to stop work when a perceived unsafe condition or behavior is seen or recognized.

Safety Considerations in High Winds: The Benefit of Simulation

by Naghman Khan | Jan 29, 2021
Risk Management | Technology

While standards and guidelines specify how to assess wind related risk on construction sites, computational fluid dynamics can simulate a 3D model to assess risk and create a site safety profile.

What Contractors and Subcontractors Need to Know About COVID-19 Vaccines

by Micah Dickie | Jan 27, 2021
Risk Management | Safety | Wellness

Although commercial construction workers are lower on the priority list for the COVID-19 vaccine, construction employers should encourage vaccinations when they become available.

How Preventative Maintenance Improves Construction Worker Safety

The most important part of a preventative maintenance program is implementing and maintaining it. A computerized maintenance management system can help.

Contractors on Private Projects Also Need Bonding

Surety bonds can protect private construction project owners from contractor default, but general contractors should consider them as protection against subcontractor default.

The Insurance Market: What Contractors Can Expect in 2021

by Jeffrey Cavignac | Jan 5, 2021
Insurance | Risk Management | Safety | Surety Bonding

Due to increasing losses and poor investment returns, insurance rates for most lines are increasing, capacity is declining and underwriters are being selective on which accounts they will even consider.

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Using Lien and Bond Claims to Secure Project Payments

Modular Construction Presents Double the Exposure, Double the Risk

Stop-Work Authority Becomes Stop-Work Responsibility

Safety Considerations in High Winds: The Benefit of Simulation

What Contractors and Subcontractors Need to Know About COVID-19 Vaccines

How Preventative Maintenance Improves Construction Worker Safety

Contractors on Private Projects Also Need Bonding

The Insurance Market: What Contractors Can Expect in 2021

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