Risk Management
The likelihood of more-frequent blackouts means backup power must evolve from ensuring the safe exit of office workers to enabling core business functions to continue uninterrupted. That’s a major shift in preparedness that construction executives should consider in future planning.
Protect Against Adverse Events With Parametric Insurance
Parametric insurance covers a specific modeled event such as project disruption due to weather, fluctuating cost of construction labor and materials and skilled labor shortages.
How to Minimize Retainage Risk
Minimize risk of losing retainage on a project by understanding what it is, how to proactively protect retainage payments, negotiation tactics, and how to recover retainage funds.
To Arbitrate or Not, That Is the Question
Agreeing to submit all disputes to binding arbitration as opposed to litigation in court is a significant business decision that contractors should never take lightly.
Risks of a Robust Economy
While it might seem like the right time to grow a business, expanding too fast without a strong plan can be detrimental to the business, its finances and its reputation.
Beyond Experience Modification Rate: The Effect of a Good Safety Program
While an EMR is valuable data, and something contractors can and should be proud of, contractors should not base their safety practices on that information.
Understanding the Contractor’s Consent: The Hidden Dangers in a Common Form
When reviewing consent documents, contractors should keep an eye out for the following clauses, which can drastically affect their rights regardless of whether the owner actually comes to default on their loan.
Tools and Strategies for Preventing Asbestos Exposure
Using respiratory protective equipment when working around asbestos and contaminated material protects the wearer from hazardous substances, but proper fit, storage, maintenance and repair are essential.











