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Ransomware, malware, and data breaches have become part of today’s business vernacular. It may seem like the big-name consumer brands are the only...
If you stop and think about it for a moment, why does anyone refer back to a contract? It’s, unfortunately, when a problem arises. Depending on what...
Last week we explored the types of financial ratios available to the Contractor and began investigating liquidity ratios. This week, we will continue...
Financial statements report the condition of a construction company and serve as a basic measurement of the company’s strength or weakness. To...
Triggering a Force Majeure is about living by the exact words. These clauses are typically interpreted with a very narrow view. The words are...
As a working Trade Contractor, your company is typically required to have General Liability (GL) coverage before entering a project site. Within your...
Last week we began the dialogue on possible COVID-19 claims and what, if any, insurance coverage could be triggered. This week, we will expand that...
As the COVID-19 pandemic touches the construction industry at large, there are many questions surrounding insurance coverage on a job site and...
A surety bond is a three-party contract between the Surety, the Principal, and the Obligee. The Surety is the party that issues the Performance Bond...