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Risk Management Reimagined: Bringing Innovation to Construction Insurance

Procore

Construction insurance is one such thing, with traditional insurance brokerages largely placing insurance the same way they did decades ago with manual, time-consuming processes that can take weeks, or even months. The Power of Data To illustrate, think of construction insurance a bit like car insurance.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Taking a closer look at the terms of a typical contract will provide you with important information about insurance, safety, dispute resolution, and more. You’ll need to provide documentation before work starts, apply for progress payments during the project, and apply for your final payment as part of project closeout.

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Unlocking the Benefits of Hiring a Construction Lawyer

CCR Magazine

Risk management Managing risk is paramount in any construction project, as various factors may contribute to potential hazards or accidents. Construction lawyers can identify gaps or loopholes in contracts, insurance policies, and safety regulations to ensure your project remains well-protected from potential risks.

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Common Types of Construction Contracts And Their Use

cnstrctr

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Management Contracts. Construction Management contracts were introduced in the 1980s as a new way to manage construction contracts.

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Construction Risk Management: How to Reduce Top Construction Risks

Autodesk Construction Cloud

How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Regardless, a solid risk management strategy is critical to the security of your company and project. What is Construction Risk Management?

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10 Buildertrend Alternatives: Succeed with Similar Software in 2023!

Buildern

Are you looking for a Buildertrend alternative to explore the new depths of construction project management? If you’re one of the users experiencing pain points with Buildertrend or simply looking for a change, keep reading to discover the best alternative options that could become a turning point in your project management.

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8 Must-Haves for a Construction Management Platform

In Eight

With an average of only 2% of projects coming in on time, on budget and to the satisfaction of all stakeholders,1 more and more innovative contractors, owners and engineers are overcoming these challenges utilizing using an integrated construction project management platform. Better-connected office and field teams.