Loss Control Insights
What to Expect During a Loss Control Survey The phrase “loss control survey” may sound intimidating, but there is no need to be worried about the process. We conduct the surveys to better understand your organization’s operations and help your company management figure out how to better manage risks that potentially cause losses. It’s all […]
Construction Input Costs
CONSTRUCTION INPUT COSTS ARE MIXED IN JULY BUT PRESSURE INTENSIFIES ON CONTRACTORS AS YEAR-OVER-YEAR INCREASES OUTSTRIP BID PRICES Fuel, Metals and Wood Product Prices Post Double-Digit Annual Increases Despite Pause in July; Association Officials Warn That Additional Tariffs Are Likely to Add to Squeeze on Contractors Prices for goods and services used in construction costs […]
Essentials of Subcontractor Management
Each project has its own unique characteristics however; a common thread between most of them is the presence of subcontractors. Given today’s construction economy, risk environment and competitive subcontractor pricing, general contractors are self performing less of the contract’s scope of work. Therefore, on most construction projects you’ll find one or more subcontractors that are […]
Top 10 Safety Tips
Given the recent tragedy involving a fatality during a construction accident, we wanted to offer a refresher on top safety tips. It is always our desire to offer value and insight that matters and to encourage those in the fields we service to be prepared and informed. For these safety tips, we focused on OSHA’s […]
Brake Safety
DID YOU KNOW… An unannounced brake inspection event in April placed nearly 1,600 commercial vehicles out of service for brake violations. Over 11,500 roadside inspections were conducted across 52 jurisdictions in the U.S. and Canada during the April 25, 2018, event conducted by the Commercial Vehicle Safety Alliance (CVSA). Last year, the one-day inspection event, […]
Construction Contract Clauses: Late Completion Liquidated Damages and Incentives for Early Completion
By: Scott Cahalan and Darren Rowles, Smith, Gambrell & Russell, LLP This article examines liquidated damages clauses, clauses providing incentives for early completion, and the commonly held misconception that a construction contract that includes a liquidated damages clause must also include an incentive for early completion. As explained below, these clauses are independent and, as […]
Increasing OSHA fines: the importance of meeting and maintaining compliance
OSHA fines increased 78% from 2015 to 2016, AND will continue to increase each year based on the rate of inflation. This dramatic increase further elevates the importance to meet and maintain OSHA compliance. This impact your company’s bottom line SIGNIFICANTLY! To help quantify this impact, what amount of new sales does your company need […]
Be Prepared For Hurricane Season
Hurricane season is here. As Hurricane Florence approaches, now is a good time to consider how prepared you are for the season. Use the guide below to learn how to be prepared, stocked up with critical needs items and ready for recovery. As always, if we can help give us a call or send us […]
Selling Safety: A Path to Driving Profit
Management has the most control over safety. Posters do not sell safety. It requires a steady commitment from management, so that is the first place to start. Just ask a worker where they think safety ranks in the company. Encourage open-minded dialogue. Various studies have shown that for every $1 invested in safety, the return […]
Worker’s Compensation: Risk Management for Independent Contractors
Significant exposure arises when an Independent Contractor is uninsured and their injured workers become the responsibility of the hiring employer. This high risk exposure can be mitigated with these practices: The hiring employer can require all ICs to sign a contract that includes insurance requirements. The hiring employer should have a dedicated employee responsible for […]
