Will S. Bennett adn Jeremiah M. Welch | Saxe Doernberger & Vita Builder’s risk policies are manuscript and complex, and many contractors don’t fully understand the nuances of how and where the coverages they need come from in the policy. Time and again we see contractors taking risk contractually that builder’s risk insurance could have… Continue reading SDV’s 2025 Contractor’s Checklist for Owner-Placed Builder’s Risk Insurance
Tag: Builder's Risk Insurance Coverage
Balancing Risk and Reward: the Complexities of Stadium Construction Projects
Gregory A. Eichorn | Peckar & Abramson From grand designs to opening day, stadium construction projects present a captivating blend of high-profile opportunities and significant challenges and risks. Navigating this complex landscape is not easy, but when managed properly, the potential rewards, both in terms of reputation and finances, can make it a gamble worth… Continue reading Balancing Risk and Reward: the Complexities of Stadium Construction Projects
Construction Litigation Roundup: “Builder’s Risk Indeed”
Daniel Lund III | Phelps Dunbar A contractor for a hotel in Seattle was tasked with constructing the hotel utilizing premanufactured modular hotel rooms. The modular unit portion of the project was the subject of a $15.8 million subcontract between the general contractor and the manufacturer. The manufacturer was also responsible to the GC for… Continue reading Construction Litigation Roundup: “Builder’s Risk Indeed”