A Contractor's Guide to OCIPs - Construction Business Owner …
网页2012年5月24日 · Mike Hastings is a national project risk practice leader within Marsh’s U.S. Construction Practice. Over the past 17 years, he has taken a lead role in developing and implementing Marsh’s consultative approach to construction project risk management, including risk identification, financial modeling, loss control and mitigation, insurance program design, and consulting services for company ...
How the Additional Insured Clause Puts Contractors at Increased …
网页2011年11月2日 · The following risk management protocols are recommended: Update all subcontracts and purchase orders to reflect these changes in additional insured endorsements. Many endorsements "follow" the subcontract requirements. Additional insured coverage will "mirror" the contract. Be specific on what is required.
The Most Common Types of Construction Fraud
网页2011年11月2日 · Falsifying Payment Applications. False pay applications account for more than half of construction frauds. These applications can happen several ways- through erroneous totals or line items, roll-forward errors, false invoices or inflated rates in the supporting invoices that do not reflect the actual costs incurred.
Construction Industry News - Construction Business Owner
网页WASHINGTON (Aug. 2, 2024) — The construction industry added 25,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 239,000 jobs, an increase of 3.0%.
A Guide to Managing the Risks of Working at Height
网页2020年9月29日 · For years, the industry has been aware of fall protection for workers at height. “At height” is generally the definition of a work location where a person could be at risk of falling. In the construction industry, that height is 6 feet. When working on scaffolding, it is 10 feet. A worker at height uses active fall protection, passive fall ...
Workers' Compensation 101 for Construction Firms
网页2020年4月28日 · Document Everything. The first and most important step in any potential workers’ compensation claim is to maintain thorough documentation of every incident that occurs on a construction site. Whether you directly witness an accident or simply notice an employee’s discomfort, it is the responsibility of the employer and the injured employee ...
网页3. Analyze the Current Market Creating a marketing objective and performing a SWOT analysis provides you with two important pieces of the marketing puzzle:
Preconstruction Services: Add Value with More Than Just Estimating
网页2011年11月2日 · Preconstruction Phase Schedule Management is one of the key roles of the preconstruction manager. Creating a realistic and detailed schedule for all design, approval, estimating and purchasing activities to ensure that construction activities begin on schedule is the primary objective of the preconstruction schedule.
9 Numbers You Need to Keep Your Company Profitable
网页2011年11月2日 · Then determine how much net profit you want to make in total dollars, and track your progress monthly. 2. Know your equity numbers. Equity or net worth is the actual value of your company, not including the intrinsic value. It's the sum of your total assets minus your total liabilities.
5 Ways to Improve Field Operations - Construction Business …
网页2019年11月25日 · The following are five tips to help answer those questions when thinking about new electronic solutions or field service providers to improve field operations. 1. Take a Paperless Approach. The first step towards a paperless approach is either adopting an electronic platform for field operations or individual elements of electronic platforms in ...