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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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WINT Water Intelligence and Polygon enter partnership to deliver enhanced water damage prevention

Civil + Structural Engineer

Polygon’s ExactAire technology has been used in construction, commercial and industrial buildings for over 25 years giving stakeholders visibility and control of environmental conditions like temperature, humidity, indoor air quality and wood moisture content. We are thrilled to partner with WINT.

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Construction Risk Management | Contractor Risk Management | Construction Risk Register | What Is Construction Management at Risk

CivilJungle

Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them.

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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.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

However, before starting work on a building financed with a construction-to-permanent loan, both property owners and contractors need to understand the risks. A construction-to-permanent loan , also called a single-close loan, is a loan used to purchase land and pay for construction costs. What are the upfront costs?

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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

This process analyzes their performance, management process, resources, and capacity. Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best. These can relate to your insurance, financial stability, safety records, etc.

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3 Steps to Better Cost Control in Construction Projects

Autodesk Construction Cloud

61% of construction businesses reported that rising material and labour costs significantly impacted their financial viability. KPMG research also shows just 31% of projects come within 10% of the original budget, indicating that budget control is more crucial than ever in this uncertain economic climate.