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A change order is work that is added or eliminated from the original scope of work of a construction contract. This may positively or negatively...
All contractors know there are significant risks on every project that are inherent in the construction industry. A contractor's potential risk...
The construction industry has its fair share of legal terms, especially when it comes to contracts. Some important ones to understand are those...
These days, it would be difficult, if not impossible, to find a business that is not exposed to a certain level of risk in its day-to-day operations....
Last week, we defined what an insurance captive is and the 3 most common types of captives. This week, we will explore if such a performance-based...
Have you heard the term insurance captive and wondered what it was or if one was right for your construction company? Let’s take a closer look at the...
Let’s say you are a Trade Contractor working on a project and your contract requires that you waive your subrogation rights. If you do not have a...
Last week, TSIB explored why Completed Operations coverage was important and who it affects. This week, we want to discuss the key time periods of...
Imagine you are a fire sprinkler installer and you use incorrect fittings to install sprinkler heads in an office building. Two years after the...