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Construction Contract Insurance Provisions
Archived series ("Inactive feed" status)
When?
This feed was archived on August 15, 2024 17:08 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 213015223 series 2323788
Content provided by Brouse McDowell, Amanda M. Leffler, and Marc Holland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brouse McDowell, Amanda M. Leffler, and Marc Holland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Issue: The construction contract drives the expectations for the project and has many facets. One of these is the Insurance Provisions. These provisions should be fairly simple to navigate and comply with but are too often overlooked, or worse, discounted and ignored.
Why It’s Important: Failure to meet the insurance requirements in your construction contract opens your firm up to a self-inflicted financial penalty created when an event occurs that one of these provisions was supposed to address.
Short Answer: A qualified insurance broker will help make sure you have addressed all the contractual requirements. To facilitate the process and gain some efficiencies, your broker could also establish a checklist of key/typical insurance requirements and terminology for you and train your staff to identify and confirm compliance. Avoid a potential headache down the road by bringing your broker, along with your legal counsel, in to contribute within their respective areas of expertise before executing the contract.
9 episodes
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Archived series ("Inactive feed" status)
When?
This feed was archived on August 15, 2024 17:08 (
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 213015223 series 2323788
Content provided by Brouse McDowell, Amanda M. Leffler, and Marc Holland. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brouse McDowell, Amanda M. Leffler, and Marc Holland or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The Issue: The construction contract drives the expectations for the project and has many facets. One of these is the Insurance Provisions. These provisions should be fairly simple to navigate and comply with but are too often overlooked, or worse, discounted and ignored.
Why It’s Important: Failure to meet the insurance requirements in your construction contract opens your firm up to a self-inflicted financial penalty created when an event occurs that one of these provisions was supposed to address.
Short Answer: A qualified insurance broker will help make sure you have addressed all the contractual requirements. To facilitate the process and gain some efficiencies, your broker could also establish a checklist of key/typical insurance requirements and terminology for you and train your staff to identify and confirm compliance. Avoid a potential headache down the road by bringing your broker, along with your legal counsel, in to contribute within their respective areas of expertise before executing the contract.
9 episodes
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Similar to Construction Risk and Insurance Roundtable
Call them changemakers. Call them rule breakers. We call them Redefiners. And in this provocative podcast, we explore how daring leaders from across industries and around the globe are redefining their organizations—and themselves—to create extraordinary impact in today’s rapidly changing world. In each episode, Russell Reynolds Associates Leadership Advisor Hoda Tahoun and former CEO Clarke Murphy host engaging, purposeful conversations with leaders in and out of the business world who shar ...
…
continue reading
A signpost for the lost. A resting place for the weary. Experiences that point to God. An expression of The Elevation Church. We're at 3, Remi Olowude str, lekki 2nd roundabout. Oniru, Lekki, Lagos State, Nigeria. We meet every Sunday at 10am and Wednesday at 6:30pm. Join us sometime, we can't wait to have you!
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continue reading
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…
continue reading
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