Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
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Ready to Respond? Contractors’ Best Practices for Performance Bond Claim Preparedness0
- Claims, Insurance, Risk Management
- April 23, 2024
By Gina Lockwood, Esq., Merchants Bonding The frequency and severity of claims ebbs and flows, dependent on a variety of economic influences. But whether claims are on the rise or on the decline, contractors should always understand a surety’s claims process, and have the right practices in place to mitigate potential impacts of a claim.
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Time Is Money: Key Elements And Considerations For Delay And Disruption Claims0
- Claims
- November 28, 2023
By Jim Sienicki and Christian Fernandez, Snell & Wilmer, L.L.P. Benjamin Franklin coined the phrase “time is money” almost 300 years ago, and it applies perfectly to the construction industry: project delays and disruptions always cost someone money. One of the leading causes of disputes arising from residential and commercial projects are delays and disruptions.
READ MOREMental Anguish Claims in the Construction Industry0
- Best Practices, Claims, Outlook & Trends
- July 24, 2023
By Abby Schuman, ASA Intern The realities faced by workers in the construction industry when it comes to mental anguish claims are often surprising and challenging. According to Cornell Law School, mental anguish in tort law refers to personal injury cases where individuals claim emotional distress and seek legal action for compensation. When it comes
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How Late Payments Drive Claims for Subcontractors0
By Patrick Hogan, handle.com Late payments can create a ripple effect of negative consequences for subcontractors on construction projects, including cash flow struggles and potential legal disputes. As a subcontractor, you need a clear understanding of how late payments can affect construction claims. The construction sector is steadily growing, yet more than half of subcontractors
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Know Your OSHA Obligations Pertaining to the COVID-19 Hazard0
- Claims, COVID-19, Legally Speaking
- May 26, 2020
By Philip J. Siegel, Partner; Hendrick, Phillips, Salzman & Siegel, P.C. In today’s world, every employer is certainly aware of the COVID-19 hazard. Knowledge of this serious health hazard has significant legal consequences in the construction workplace, especially when you consider each employer’s obligations under the federal Occupational Safety and Health Act (“OSHA”). Can I
READ MOREProtecting Your Rights for Coronavirus Impacts0
- Best Practices, Claims, Legally Speaking, Risk Management
- April 28, 2020
By Timothy J. Woolford, Esquire, Woolford Kanfer Law, P.C. Many subcontractors have been severely affected by the coronavirus and have legitimate questions concerning their ability to obtain time extensions as well as their entitlement to recover additional costs. Most states have severely limited business activity since mid-March. In some areas, construction has been shut down
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About FASA
To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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- Best Practices, Improving Productivity, Insurance
- April 23, 2024
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