Category: Construction

Protecting Your Construction Firm through Contractual Risk Transfer

Written by Lisa Bracero, CPCU, AFIS, CRIS  Are you retooling your business to more effectively deliver value for your clients and improve your profitability? Effective risk management is also important to your…

The 411 on the IIPP

By: Chad Watts, CIC, CRIS Is this your safety program? If you answered “yes”, then it is time to dust off and look at your Injury & Illness Prevention Program (IIPP). Remember,…

3 Pillars to Make 2019 Your Construction Firm’s Best Year Yet

Written by: Lisa Bracero, CPCU, AFIS, CRIS As construction firms reflect on their 2018 results and how to make 2019 even better, here are three pillars to keep in mind. 1. Communication…

The Project “Completion” Paradox in California

We’ve written before about why the date of “completion” on a California construction project is important, and why, if I may be blunt, determining that date can be as frustrating as a…

Construction Payment Remedies: You May be Able to Skate by, But Why?

My grandfather used to say that “anything worth doing, is worth doing well.” It wasn’t until later that I learned the quote wasn’t his, but a quote from Philip Stanhope the Fourth…

Contractor Safety: Are You Responsible When They Are on Site?

Dealing with contractors on site who don’t adhere to your safety procedures can be risky. Since you or your employer can be subject to fines or even jail time when not compliant…

Subcontractor Bonding: What General Contractors and Subcontractors Need to Know

With project owners and general contractors becoming more risk averse, bonding subcontracts has become more prevalent than ever. Decades ago, many sureties viewed bonding subcontractors as more risky than bonding prime contractors….

Construction Material Prices Plunge in September

Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported today. Year-over-year prices were down 5.3 percent for the…