If you’re a contractor, you likely know that your General Liability insurance policy will often provide coverage for bodily injury or property damage that result from your organization’s operations. What…
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Many general contractors rely on the indemnification and additional insured provisions in their subcontract agreement to manage their risk, but they need to look much deeper than that. In fact,…
Many general contractors rely on the indemnification and additional insured provisions in their subcontract agreement to manage their risk, but they need to look much deeper than that. In fact,…
By: Ronald Pollock, Esq., Chair of the Construction Law Group, Saxton & Stump Equipment leases are an important element in completing a construction project. The proper drafting of key terms…
So you’ve implemented the 2017 version of the AIA agreement and one of your subcontractors has marked up the Insurance Requirements in Exhibit A. Now what? As with any contract,…
From step stools to large extension ladders, every step matters, so make sure you put the right foot forward! Ladder accidents are preventable with continuous improved ladder design and proper…
Surety companies are not fond of surprises when it comes to a business’s financial situation. To help maintain good surety credit, it is important to communicate the following changes to…
By Ted J. Herold, CPA, CVA, CGMA By 2020, your organization’s balance sheet will undergo a significant change that can impact your bonding capacity and banking covenants. The Financial Accounting…