Hiring a commercial contractor? Don’t overlook risk

contractor-2-construction-workers

If you are growing a business, developing real estate or buying commercial construction services, you probably know “construction” equals “risk.” The safety of the tradespeople working on your property and the potential for physical damage resulting from construction activity all factor into your planning and risk management. But one important and often overlooked risk is who you hire to do the work.


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Licensed, bonded, insured: What it means to you

repairman-with-ID

[Note: This blog post has been edited.] You have decided to build or remodel your home or business. This is a big step, both financially and emotionally. Choosing the right contractor to complete this project is also a big decision. Hiring the wrong contractor can lead to cost overruns, delays, substandard work and sometimes even litigation over disputes regarding the timing, quality or cost of the project. While it’s tempting to choose a contractor based solely on an online portfolio of completed work or customer testimonials, don’t overlook the importance[…..]


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Contractors: How stable is your surety relationship?

construction-silhouette

The construction economy hasn’t exactly shifted into high gear just yet, but the future looks a lot brighter. As we move into 2014, contractors gearing up to pursue public works projects or other bonded work will want to ask yourself: where do I stand with my surety? Your capacity to qualify for the best terms on your surety bond program creates business opportunities for you and protects the interest of the community that depends on your work.


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