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How Contractors Can Work With Their Surety to Avoid Financial Ruin
There can be a myriad of problems when a Contractor cannot fulfill its contractual obligation in connection with a construction project. This puts...
How Liquidated Damages & Consequential Damages Interact in a Contract
Construction contracts can be overwhelming when you’re not looking at them every day. That’s why it’s important to understand your contract and the...
3 Types of Construction Contract Damages
In today’s construction climate, building projects and construction contracts can be extremely complex. A Contractor must become thoroughly familiar...
What are the 3 Levels of Indemnification?
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...
Defining and Understanding Force Majeure
Triggering a Force Majeure is about living by the exact words. These clauses are typically interpreted with a very narrow view. The words are...
Why Do Contractors Have to Provide Additional Insured Endorsements?
A common requirement you’ll find in a construction contract is for any hired contractor to provide additional insured status to parties within the...
Differences Between Named Insured and Additional Insured: Part 2
When working on a construction project, the company you are working for may ask to be an Additional Named Insured or an Additional Insured. It’s easy...
Differences Between Named Insured and Additional Insured: Part 1
Often, the terms named insured and additional insured get lumped together to be interchangeable. However, that is not the case. Keep reading to learn...
Solutions to the Wrap-Up Exclusion Endorsement
Does the Wrap-Up exclusion found in many Trade Contractors’ General Liability program fill you with dread? This exclusion has historically been a...