Risk Management
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Mental Health & Wellbeing in the Construction Workplace
Sep 01, 2020
Given the far-reaching effects of COVID-19 throughout the construction industry, it is imperative...
Changing Your Lien Waiver Process to Eliminate Financial Risk
Sep 01, 2020
Fixing the systemic payment issues within the construction industry and creating a quick, easy, s...
The Constant Challenges Faced When Accounting for Change Orders & Claims
Sep 01, 2020
No matter how much preparation and planning goes into a project, there is always the chance that ...
CFMs: Take That Sales Call
Sep 01, 2020
As a CFM, you are likely doing more with fewer resources now more than ever. You probably don’t h...
Post-Pandemic Risk Management: Audits, OSHA & Employment Practices
Jul 01, 2020
To help manage your company’s business and employee risks related to COVID-19, this article cover...
Beyond Guaranteed Cost: Best Practices to Reduce Workers’ Comp Costs
May 01, 2020
Companies with a singular vision for improving risk management experience the best results while ...
The Increased Importance of Vendor Fraud Protection
Mar 01, 2020
Contractors are managing more uncertainty than ever as the construction industry moves into the u...
Joint Employment: A Growing Legal Trend & How to Manage It
Mar 01, 2020
During a labor shortage, many subcontractors and GCs seek out workers from third parties to fill ...
Mitigating the Impact of Tariffs & Rising Material Costs
Jan 01, 2020
In the period leading up to the March 2018 imposition of tariffs on steel (25%) and aluminum (10%...
Dividends & Deductibles & Retros, Oh My!
Sep 02, 2019
As an insurance and alternative risk finance specialist, I have spent many moments in the boardro...
Payment Issues: A Three-Step Method to Help Avoid Financial Risk
Sep 02, 2019
Whether it is risk of late payment, nonpayment, double payment, or risks associated with slim mar...
Insurance Rates Are on the Rise
Aug 01, 2019
Specialty contractors should take note that the commercial insurance market is getting ready to m...
How Contractors Can Avoid Claim Pricing Pitfalls
Mar 01, 2019
From equipment and overhead rates to faulty math and logic, inaccurate or unreasonable claim pric...
Reservation of Rights Letters: Take Control of Your Legal Defense
Feb 01, 2018
When a contractor is forced to defend against a claim for construction defects, breach of warrant...
Why Use a Trust for Bona Fide Fringe Benefits?
Feb 01, 2018
Fringe benefit plans fall into two categories: unfunded or funded.
Putting Your Risk Management Strategy in Place
Jan 01, 2018
Careful decision-making can help manage risk and prepare a company to absorb the occasional bump ...
Subcontractor Review & Prequalification: A Primer
Sep 01, 2017
Contractors can no longer award business with only a low bid, a nod, and a handshake. A formalize...
Thinking Strategically: Consider the Benefits of Captive Insurance
Sep 01, 2017
A contractor’s strategic plan goes beyond day-to-day positioning and operations – it evaluates op...
There Is No Bad Project – Only Bad Risk Management
Jun 01, 2017
Wouldn’t it be nice to avoid a bad construction project before it starts? Nobody wants to waste t...
Risk Transfer Pitfalls for Additional Insured Endorsements
Mar 01, 2017
Additional insured endorsements are critical to contract risk transfer systems. Currently, 44 sta...
Fraud Detection & Prevention: Big Data Can Help Protect Assets
Nov 01, 2016
How is it possible to generate 5% greater profits without taking on additional projects?
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