Risk Management

Hire Reliable, Well-Schooled Subcontractors to Reduce Risk

by Construction Executive | Aug 21, 2017
Insurance | Risk | Risk Management | Workforce

Few general contractors can successfully complete projects on time and within budget without the help of reliable subcontractors. Never underestimate the potential harm and disruptions posed by under-skilled, unreliable and under-insured subcontractors.

Preparing a Construction Business to Survive a Disaster

by Construction Executive | Aug 15, 2017
Risk | Risk Management | Safety

In the event of a disaster, every organization should have an effective business continuity plan that identifies risks, conducts an analysis of the impact on the business, adopts controls to prevent and mitigate risk, and prepares employees for emergencies by testing and improving procedures regularly.

Negotiating a Construction Contract: Clauses, Changes and Delays

by Stephanie Hayes Cook | Aug 2, 2017
Legal and Regulatory | Risk Management

Beginning with a sound construction contract can have a significant impact on a firm’s profit, loss, reputation and overall ability to manage a project. Understanding the impact of project delays and changes to a contract can help contractors navigate risks and adjust bids to more accurately account for unknown contingencies or claims.

P3s, Design-Build Models and the Spearin Doctrine: A Shift in Design Risk

by Lisa B. Andrzejewski | Jul 31, 2017
Risk | Risk Management

As P3s gain traction and new building delivery models emerge, the lines for design liability become blurred. In projects with shared design building delivery models, it seems unlikely that in the event of a dispute, the contractor will invoke the principles under the Spearin Doctrine as its best defense.

Negligence Claim Proves Designers Can Be Held Directly Liable to Subcontractors

by Gina M. Vitiello | Jul 27, 2017
Legal and Regulatory | Risk Management

Is it reasonable for a subcontractor bidding on a design-build project to assume that the designer has followed the owner’s requirements in preparing the preliminary design documents? The answer is yes, according to a recent ruling by the U.S. Court of Appeals...

Negotiating a Contract: Clauses, Changes and Delays

by Stephanie Hayes Cook | Jul 27, 2017
Contracts | Legal and Regulatory | Risk | Risk Management

Beginning with a sound construction contract can have a significant impact on a firm’s profit, loss, reputation and overall ability to manage a project.

There Is Pervasive Non-compliance With the IBC for Fire-rated HVAC Assemblies

by John Pattillo | Jul 27, 2017
Legal and Regulatory | Risk Management

A recent multi-state market analysis has revealed that industry standard horizontal HVAC fire-rated duct assemblies are not in compliance with requirements of the International Building Code (IBC).

The Narrowing of Additional Insured Coverage and Its Impact on P3 Projects

by Construction Executive | Jul 26, 2017
Public | Risk Management | Safety

A narrowing of risk transfer that can be achieved through standard form additional insured endorsements and recent court court decisions limiting the reach of additional insured coverage have had an impact on P3 projects where the projects are expensive, the risks are significant and the parties have great need for risk transfer.

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CONSTRUCTION EXECUTIVE

Hire Reliable, Well-Schooled Subcontractors to Reduce Risk

Preparing a Construction Business to Survive a Disaster

Negotiating a Construction Contract: Clauses, Changes and Delays

P3s, Design-Build Models and the Spearin Doctrine: A Shift in Design Risk

Negligence Claim Proves Designers Can Be Held Directly Liable to Subcontractors

Negotiating a Contract: Clauses, Changes and Delays

There Is Pervasive Non-compliance With the IBC for Fire-rated HVAC Assemblies

The Narrowing of Additional Insured Coverage and Its Impact on P3 Projects

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