It Takes More Than a Certificate to Protect Owners, Developers and Contractors

Posted by & filed under Articles, Latest News.

By Derek E. Steffen | Tuesday, March 24, 2020 Businesses often look for ways to protect against the risks they confront on virtually every project from design and construction through completion. This includes conducting due diligence and negotiating contracts that include the appropriate insurance coverages from the contractors, subcontractors design professionals and others involved with the… Read more »

Selecting Professional Liability Coverage

Posted by & filed under Articles.

Obtaining competitive terms in a complex marketplace By Raymond F.H. Bustamante The Construction Specifier June 2019 Driven by a strong economy, the easing of lending standards, and a healthy commercial real estate marketplace, construction starts are expected to total about $800 billion in the United States, according to the Dodge Data & Analytics’ 2019 Construction… Read more »

How to Mitigate Construction Risk with Proper Coverage

Posted by & filed under Articles.

BY RAYMOND F.H. BUSTAMANTE 25 February 2019 In today’s commercial construction environment, risk and reward are deeply interconnected. This is especially true in increasingly popular design-build scenarios, which virtually eliminate the steadfast boundary of responsibilities that traditionally existed between contractors, architects and other building professionals.

Strategically preparing for construction professional liability risk

Posted by & filed under Articles.

by Walter J. Adams, Jr. Risk is inherent with any commercial building project. From design and specification through construction, there are many moving parts capable of creating any number of problems. In the past, roles were clearly defined under the design/bid/build project delivery methodology. Responsibilities had a beginning and end. There was little guesswork –… Read more »

8 Steps to Successful Subconsultant Relationships

Posted by & filed under Articles.

Streamline the design-build process with a solid strategy for choosing partners by Andrew Mendelson FAIA August 8, 2018 Prime design consultants often have a great deal of project control and leverage. Unfortunately, such responsibilities increase the potential for significant risk. This is especially true if errors or omissions committed by subconsultants cause damage to the… Read more »

Effectively Handling Protective Claims
Industry Shifts Boost Popularity of New Coverage Forms

Posted by & filed under Articles, Latest News.

By Raymond F.H. Bustamante Posted on June 26, 2018 The rules of engagement have changed drastically. In recent years, the construction industry has moved rapidly from what were clearly defined stand-alone roles of design-bid-build project delivery methods to the faster-paced design/build, public-private partnership (P3) and integrated project delivery (IPD) models. Along with this shift came…