Understanding the Purpose, Limitations and Benefits of a Liquidated Damages Clause
Contracting parties are advised to understand the purpose, limitations and benefits of liquidated damages clauses.
Risk Management
A Solid Foundation: The Importance of Business Structure and Stability During Times of Uncertainty
An operating or shareholder agreement is essential in the event of business interruption, departure and dissolution, or death. Not having one can result devasting wake of destructive litigation.
Data Security for Owners and Contractors: Protect Construction Investments From Catastrophic Loss
As project owners and general contractors increasingly rely on cloud data storage, email and file sharing platforms, cyber insurance is the just the first step to protect against the risk of catastrophic data loss.
The Growth of BIM and Its Impact on Contractor Risk
BIM has many benefits—and may reduce legal expenses as well. As the technology approaches the level of full adoption, that is an issue worth watching.
Technology for Supply Chain Risk Management: It’s Good Business
Supply chain risk management platforms can provide visibility into products and services, organizations, logistics, people, activities, information and resources, improving safety in the process.
Short and Long-Term Risk Management: COVID-19 and the Construction Pipeline
The pandemic has demonstrated the importance of a risk management plan to prepare for the unexpected. Now contractors should prepare to build their future workforce to manage an increase in work.
Insurance Needs for General Contractors and Subcontractors
General contractors and subcontractors need the right insurance to limit liability and control insurance costs. Here’s a primer on who needs what type of insurance.
The Visitor Playbook for Contractors
Keeping workers and visitors safe on the jobsite is a challenge during the pandemic. Following OSHA regulations will help contractors provide a safety and healthy workplace.
