Andrew Gibson | Stoel Rives As we approach the end of 2024, prudence dictates a checkup on one of the most critical risk management tools for developers, builders and designers – insurance. With multiple acronyms out there such as OCIP, CCIP, OPPI, GL, PL and SDI, defining the right insurance program for a project can… Continue reading Mitigate Risk with a Construction Project Insurance Checkup
Month: November 2024
Successful Mediation Often Boils Down to Preparation
Richard Erickson | Snell & Wilmer When presiding recently as mediator in a multi-party construction dispute, one of the contractor’s representatives asked me during a pre-mediation caucus to identify the one thing I needed from them for the mediation to succeed. I said “come prepared.” By “come prepared,” I meant come prepared to answer every… Continue reading Successful Mediation Often Boils Down to Preparation
Key Legal Issues To Consider Before And After Natural Disasters
Patrick A. Kelly | Construction Executive From force-majeure provisions to price-gouging considerations, make sure your legal strategy prepares your construction company to weather any storm. While legal considerations are often the last thing on the minds of project owners and contractors during an emergency, construction industry stakeholders should bear in mind the impact of natural… Continue reading Key Legal Issues To Consider Before And After Natural Disasters
Why Every Construction Project Owner Should Be Asking Their Insurance Team About Enhanced Professional Liability Coverage
The Hartford Owners Professional and Protective Insurance, or OPPI, coverage provides an additional layer of professional liability for project owners, keeping their assets covered and their buildings secure. The construction industry is booming. With more than 8 million employees and $2.1 trillion worth of structures built each year, construction needs are in high demand, and… Continue reading Why Every Construction Project Owner Should Be Asking Their Insurance Team About Enhanced Professional Liability Coverage
What Are The 10 Lien Requirements?
Karalynn Cromeens | The Cromeens Law Firm Did you know that your lien rights differ from state to state? It’s an important nuance to understand because filing an invalid lien can have a lot of implications. The consequences vary case by case, but a few things that could happen if you file an invalid lien… Continue reading What Are The 10 Lien Requirements?