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Risk Management

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Home » Topic » Risk » Risk Management

Risk-Shifting Tactics for Construction Contracts

by Nate Budde | Nov 14, 2019
Contracts | Dispute Resolution | Legal and Regulatory | Risk | Risk Management

By understanding different contractual tactics, contractors can shift financial risk to other parties. Read the contract, get legal assistance and champion open communication and transparency.

Reducing Jobsite Risks Through the Hierarchy of Controls

by Joe Amara | Nov 12, 2019
OSHA | Risk | Risk Management | Safety

Using a risk reduction strategy according to the hierarchy of controls ranks control measures by their effectiveness in controlling or eliminating hazards. The result is safer systems that reduce risks of injury and illness.

Industry 4.0: Embracing Technology for Asset Performance

by David Bowcott | Nov 9, 2019
Artificial Intelligence | Productivity | Risk Management | Technology

A technological revolution in the way assets are designed, constructed and operated and its impact on productivity and risk has the potential for a lasting positive impact on the global economy.

Market Overview: The Year in Surety

by Seth Johnson | Nov 6, 2019
Risk | Risk Management | Surety Bonding

The surety industry issued bonds totaling over $6 trillion in contract surety exposure over the last 20 years, including $650 billion in 2018 alone.

Boots on the Ground: A Primer on Military Construction

by Rachel E. Pelovitz | Nov 6, 2019
Risk | Risk Management

How do you bid? What are the challenges? Is it worth it? Read on to get a look into this unique market.

Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard

by Larry May, Robert Coker, R. A. Bobbi Hayes | Nov 6, 2019
Accounting | Business | Contracts | Finance | Legal and Regulatory | Risk | Risk Management

Accountants are starting to see presentation and disclosures on the new lease standard for public company interim financial statements as of their March 31, 2019, quarterly reporting.

Fidelity Bonds: Protecting Against Employee Fraud

by Shayne Albine | Nov 5, 2019
Business | Business Risk | Risk | Risk Management | Safety | Surety Bonding

Employee theft can add up to hundreds of thousands of dollars—an average of 5% of a company’s annual revenue, according to the Association of Certified Fraud Examiners. And it’s not just money.

A Professional Surety Bond Producer Serves as a Contractor’s Trusted Advisor and Essential Guide

by Kathy Hoffman, Martha Perkins | Nov 4, 2019
Risk | Risk Management | Safety | Surety Bonding

One of the most important business decisions a contractor will make is the choice of a professional surety bond producer.
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