Risk
Business
Design-Build Poses a Greater Risk to Contractors Than Conventional Delivery
Many contractors using design-build experience lower profitability and losses.
By David Pacifici
April 26, 2022
Topics
Risk
Business
by David Pacifici
David Pacifici, CIC, CRM, RPLU, provides strategic leadership and direction for crafting coverage to solve clients' professional liability insurance needs for alternative project delivery methods such as integrated project delivery, public-private partnership and progressive design build. He has more than 30 years of experience as an underwriter and licensed broker specializing in construction and design professional liability insurance. For the past 20-plus years, his focus has been on providing professional liability insurance to real estate developers, construction contractors, and design professionals. He specializes in insurance solutions for large infrastructure and vertical projects.
Related stories
Risk
Your Crisis Communication Guide: Anticipating Construction Plans to Hit Unexpected Obstacles
By Anne Lackey
The time for crisis planning is during quiet moments when clear thinking can help build a framework for handling whatever challenges arise.
Risk
Builder’s Risk: Three Blind Spots Impacting Your Project’s Success
By Dennis Tsonis
While construction insurance is costly, underinsuring may prove more so in the long run.
Risk
Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.