Construction Today - September/October 2012 - (Page 46)

Residential By Daniel P. Murphy WHAT YOUR CONTRACTS NEED A construction site is a complex, dynamic environment where contractors and subcontractors construct the vision of the developer, investors and owners, as well as the plans of architects, engineers and other professional consultants. The construction site environment is not just physically or logistically complex, but also is complex by way of the contractual relationships that exist among the parties responsible for construction. Certainly, all parties participating in any development want to be properly and fully insured for all potential risks or exposures, but even when everyone is insured, accidents happen. It is important to know that any time there is an injury or accident during construction, be it a workers’ compensation, builders’ risk or injury to the general public, the insurance companies look to the signed contracts to see who will pay it. Therefore, you must understand the general principles of contracts and insurance coverage for developers, owners, investors and general contractors, in addition to what to look for in specific policy lines like workers’ compensation, general liability and professional liability. 46 CONSTRUCTION-TODAY.COM SEPTEMBER/OCTOBER 2012 http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - September/October 2012

Construction Today - September/October 2012
Construction Law
Green Construction
Best Practices
Lighting Technology
HDC Development Cos.
NorthPoint Development
Cornish & Carey Commercial Newmark Knight Frank – Moffett Towers
Demar Plumbing Corp.
Howard S. Wright – Tony Nelssen Equestrian Center
Rommel Cos.
NOW Specialties Inc.
NOW Specialties Inc.
Sioux Chief Manufacturing Co.
Victor International
Starwood Land Ventures
LaValley Building Supply
Congress Construction
McCormack Baron Salazar Inc.
Related California – The Village at Santa Monica
Ricco Construction
Taisei Construction Corp.
WPM Construction
WPM Construction – WR Sage West Apartments
Flagger Force
Miami International Airport – North Terminal improvements
Graham Construction and Engineering – Wastewater Treatment Plant Upgrade
Hydrema US Inc.
CARCON Industries
Dennis’ 7 Dees
G.W. Peoples Contracting Co. Inc.
International Airport Development Co. Ltd. – Argyle International Airport
TL Wallace Construction Inc.
TL Wallace Construction Inc.
Morrison Hershfield – Newfoundland
APEX Block Corp.
Teqton Inc. U.S.
Dakota Transload
Empyrean Services
West Side Tractor Sales Co.
U.S. General Services Administration/VCC – FBI field building
Kohler Ronan LLC
Turner Construction – Martin Army Community Hospital
Last Look

Construction Today - September/October 2012