Posts Tagged 'RIsk'

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A Risky Business

All construction projects have a defined set of risks—from bad weather, non-payment and schedule delays to safety, permitting and regulations—but how those risks are mitigated and distributed among all parties varies greatly. Three industry stakeholders—a small subcontractor, a mid-size general contractor and a large self-performing developer—explain their strategies for distributing risk as fairly as possible, as well as mitigating their own risks.

NFPA 285: What Contractors Need to Know

NFPA 285 is the standard for fire testing in exterior walls when combustible materials, such as foam plastic continuous insulation and water-resistive barriers, are components within the wall assembly. This stringent and expensive test provides a specific method of determining the flammability characteristics of complete exterior, non-load-bearing wall assemblies/panels.

A Contract Compliance Framework Can Reduce Risk

It is important for attorneys and insurance advisors to work closely together to ensure that the contract language captures the commercial intent of the risk being retained and that the risk is transferred in an enforceable manner.

Managing Environmental Exposures on Health Care Projects

To mitigate environmental exposures, contractors should consider taking a program-based approach, including risk transfer through a comprehensive contractor pollution liability policy that provides coverage for a wide variety of exposures and includes remediation costs.

Researching the Building Impact of Natural Disasters

While preparing a structure for exposure to natural disasters isn’t always top of mind in the construction industry, research is continually under way to find ways to limit the damage caused by hurricanes, tornadoes and earthquakes. 

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//to add proper spacing in between panes
 

Industry Changes Push AEC Firms Toward Proactive Recruitment
When it comes to recruitment, the AEC industry is grappling with an already...

Gauging the Swing of the Republican Pendulum
As suddenly as the window of opportunity blew open for Republicans by the winds...

Q: What does it mean for your company to be employee-owned?
Employee ownership allows Choate to share long-term success with our employees...

Service Above Self
Two years ago, Gary Neal—an engineer and project manager with MEC Contractors...

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