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The Three Cs of Maximum Construction Bonding Capacity
Industrial. Infrastructure. Institutional. Manufacturing. Multifamily. Public. Residential. Solid relationships between contractors and their sureties are a necessity for growth. Contractors can improve bonding capacity by focusing on the three “Cs” of …
Construction Executive's 2020 The Top 50 Construction Law Firms™
Read the full article on "The 2020 Top 50 Construction Law Firms™: Navigating the Industry Through a Pandemic". Methodology for The Top 50 Construction Law Firms™. CE developed The Top 50 Construction Law Firms™ ranking by asking hundreds of U.S. construction law firms to complete a survey.The data collected included: 1) 2019 revenues from the firm’s construction practice; 2) number of ...
The Right Endorsement: Additional Insureds - Construction Executive
Sep 20, 2018 · The Right Endorsement: Additional Insureds. Adding other parties as an additional insured on a general liability policy is popular. ISO’s versions of the standard endorsements, CG 20 10 and CG 20 37, are not always advantageous to additional insureds, especially in construction. Christine Cowan, CIC, CRIS, ARM, is an Account Manager in the ...
Builder’s Risk Coverage—Construction Defects
Jun 16, 2019 · A standard builder’s risk policy may or may not cover losses from defective construction but there are alternatives that can help with specific costs associated with construction defect loss. With more than 30 years of experience, Brian Hearst works with construction clients on complex risk and insurance programs in Lockton’s Mountain West ...
Recommendations and Drafting Considerations for Construction ...
Set clear expectations and avoid disputes when drafting a contingency clause by considering the contingency amount, what can be charged, the approval process and what happens to unused funds.
Protect the Bottom Line With a Price Escalation Clause
If you expect taxes on your construction company to be filed a specific way for 2024, you may want to double-check your research and development expenses. A price escalation clause can be inserted into any contract as a way for subcontractors or contractors to recover some or all of materials cost increases on a project.
About - Construction Executive
Construction Executive’s mission is to inform, educate and inspire. CEprovides insights on achieving peak business performance and tells the stories of construction leaders and professionals who excel in the merit shop construction industry. Vision Statement. Construction Executive’s vision is to bring the industry to life by showcasing ...
Substantial Completion Defined - Construction Executive
Sep 8, 2020 · Substantial completion can be defined in the contract as the date the certificate of occupancy is issued, the date the owner occupies the property, or the certified date of substantial completion. Patrick Barthet is founder and principal of The Barthet Firm, a 12 lawyer construction practice which has been serving South Florida’s construction ...