Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
By Benjamin S. Lowenthal, Hendrick, Phillips, Salzman & Siegel A subcontractor’s reputation is often among its most valuable assets. Embodying a subcontractor’s reputation is its brand. A subcontractor’s brand allows a subcontractor to distinguish itself from competitors, signify the consistent quality of its work, and create important goodwill with contractors, owners, and customers. Given the
READ MOREBy Anirban Basu, Sage Policy Group, Inc. And Then the Problems Mounted At the beginning of the year, the U.S. economy appeared to be an irresistible force. In January, even after an economic expansion that spanned longer than a decade, the economy still managed to create 214,000 new jobs. It followed that month with another
READ MOREBy Brian J. Schoolman, Safran Law Offices Barring something entirely unexpected, on January 20, 2021, Joe Biden will be inaugurated as the 46th President of the United States, and our country will engage in another peaceful transition of power between administrations. Three weeks earlier, the 117th United States Congress will convene, with the Democrats holding
READ MOREBy Mark Drury, Shapiro & Duncan The Rise of Construction as an ‘Essential’ Industry, Continued Opportunities for 2021 While the COVID-19 pandemic has brought significant impacts to nearly every facet of life and business in 2020, it has also spurred the emergence of key trends and opportunities for future growth, particularly in the construction industry.
READ MOREBy Jack Rubinger, construction industry writer With a new administration making its way toward the White House, we were curious about the potential impacts on the construction industry both in terms of jobs and safety. Historically, both parties have been supportive of infrastructure projects as they create jobs. Back in the 30s, FDR’s New Deal
READ MOREBy Patrick Hogan, handle.com The Electoral College has declared Joe Biden and Kamala Harris as the new president-elect and vice-president-elect of the United States, respectively. The impending change in leadership is expected to have a huge impact on the construction industry. While administrative and policy changes are expected, certain aspects concerning the construction sector will
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