Risk Management

A Comprehensive Cyber Security Plan Is Key to Robust Risk Management

by Richard Volack | Oct 2, 2019
Cybersecurity | Risk Management | Technology

A breach or hack of a construction company’s computer systems can result in loss of income, loss of clients, loss of trust by the public and even the loss of the entire business.

Six Ways to Combat Workforce Risks

This article explores six risk management strategies construction companies should consider as they face today’s workforce challenges.

Construction Lien Waiver Provisions Contractors Should Be Using

Not all lien waivers are created equal. While lien waivers include a release of liens, they can also include language on payment to lower-tier subs, indemnification and defective work.

Assignment of Benefits Agreements Are Subject to New Legislation

by Nate Budde | Sep 20, 2019
Insurance | Legal and Regulatory | Risk Management

When emergency repairs are required, an assignment of benefits lets contractors perform work and file a claim directly with the insurance company. Some states have implemented new regulations for AOBs.

How Contractors Benefit From the Surety Bond Guarantee Program

by Greg Angel | Sep 10, 2019
Risk | Risk Management | Surety Bonding

The SBA Surety Bond Guarantee program can help small and emerging contractors jumpstart their business and remain competitive in the public and municipal sectors.

Three Tools for Proactive Risk Management: Contracts, Fluent Dialogue and Change Management

by Kristine A. Kubes | Sep 2, 2019
Contracts | Risk Management | Safety

Risk management is much more than insurance. A prudent construction executive will utilize the following three strategies for proactively managing risk and protecting the company’s right to payment.

Managing Design-Build Risks From Design Through Construction

Design-build projects come with additional risks. Adherence to the contract and documentation guidelines can minimize risk and increase the success and profitability of the project.

Avoid Payment Bond Claims With These Six Tips

Payment bond claims are one of the most common, costliest and potentially most disruptive actions that can be brought against a contractor.

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A Comprehensive Cyber Security Plan Is Key to Robust Risk Management

Six Ways to Combat Workforce Risks

Construction Lien Waiver Provisions Contractors Should Be Using

Assignment of Benefits Agreements Are Subject to New Legislation

How Contractors Benefit From the Surety Bond Guarantee Program

Three Tools for Proactive Risk Management: Contracts, Fluent Dialogue and Change Management

Managing Design-Build Risks From Design Through Construction

Avoid Payment Bond Claims With These Six Tips

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