Construction Insurance

Construction Insurance

Author: Stephen D. Palley

Publisher: American Bar Association

Published: 2011

Total Pages: 0

ISBN-13: 9781616328603

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The intersection between construction and insurance is an often overlooked, but essential consideration. This important resource is a perfect practice handbook for construction lawyers, written by practitioners with considerable expertise in both construction and insurance. This practical book provides overviews of individual construction insurance topic areas in each chapter, chosen because of their relevance to construction lawyers.


Risk Management for Design and Construction

Risk Management for Design and Construction

Author: Ovidiu Cretu

Publisher: John Wiley & Sons

Published: 2011-06-15

Total Pages: 288

ISBN-13: 047063538X

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The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation


Construction Insurance, Bonding, and Risk Management

Construction Insurance, Bonding, and Risk Management

Author: William J. Palmer

Publisher: McGraw Hill Professional

Published: 1996-06-22

Total Pages: 444

ISBN-13: 9780070485945

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Publisher's Note: Products purchased from Third Party sellers are not guaranteed by the publisher for quality, authenticity, or access to any online entitlements included with the product. Protect your business from all types of risks--insure your projects with advice from the experts Here you'll find the answers to your questions about insurance, bonding, and risk management for all of your construction projects. This much-needed book helps you assess your requirements for insurance coverage, evaluate policies, find the fairest rates, obtain bonding, and manage risks professionally and confidently. Written by the foremsot experts at Ernst & Young LLP and Willis Corroon Construction, this authoritative guide gives you the information and methods you need to simplify and systematize your project insurance bonding, and risk management issues, and protect your business from all types of liabilities: You'll learn how to: establish your requirements for various types of insurance; determine how to get the insurance you need at the best rate; read and evaluate insurance contracts; secure bonds for both contractors and subcontractors; obtain workers compensation coverage; evaluate environmental issues; understand the role of sureties in litigation. Construction contractors and subcontractors, CPAs, law firms, and insurance and bonding agents will all welcome this comprehensive guide and the authoritative help it gives in ensuring successful outcomes for construction projects of every kind.


Essential Building Science

Essential Building Science

Author: Jacob Deva Racusin

Publisher: New Society Publishers

Published: 2016-11-28

Total Pages: 163

ISBN-13: 1550926292

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Down and dirty – a complete step-by-step guide to making, installing and living with beautiful, all-natural earthen floors Poor heat and moisture management are the enemies of durable, comfortable, and efficient housing, and good building design and construction starts with a solid understanding of good building science. Essential Building Science provides a highly visual and accessible introduction to the fundamentals of building science for residential construction. Part one covers the rationale behind high-performance design and the fundamentals of building physics, including thermal dynamics, moisture transfer, and hygro-thermal dynamics such as vapor drive and condensation. Part two teaches the vital critical thinking skills needed to consider buildings as whole systems and to develop thermal and moisture control strategies regardless of the specifics of the design. Case studies and examples from across North American climatic zones illuminate real-life problems and offer builders, designers, and DIYers the insights and tools required for creating better new buildings and dramatically improving old ones. Good science plus critical thinking equals high performance buildings.


Broken Buildings, Busted Budgets

Broken Buildings, Busted Budgets

Author: Barry B. LePatner

Publisher: University of Chicago Press

Published: 2008-09-15

Total Pages: 240

ISBN-13: 0226472701

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Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations. Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time. “LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine “Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal


Collaborative Risk Mitigation Through Construction Planning and Scheduling

Collaborative Risk Mitigation Through Construction Planning and Scheduling

Author: Lana Kay Coble

Publisher: Emerald Group Publishing

Published: 2018-11-13

Total Pages: 173

ISBN-13: 1787431487

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In the complex, cash-strapped, high pressure world of modern construction, what do you do when something goes wrong? This work looks beyond the best-case scenario to give project managers, contractors, architects and engineers the tools to prepare effectively for the unexpected.


Measuring Corporate Default Risk

Measuring Corporate Default Risk

Author: Darrell Duffie

Publisher: OUP Oxford

Published: 2011-06-23

Total Pages: 122

ISBN-13: 019150047X

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This book, based on the author's Clarendon Lectures in Finance, examines the empirical behaviour of corporate default risk. A new and unified statistical methodology for default prediction, based on stochastic intensity modeling, is explained and implemented with data on U.S. public corporations since 1980. Special attention is given to the measurement of correlation of default risk across firms. The underlying work was developed in a series of collaborations over roughly the past decade with Sanjiv Das, Andreas Eckner, Guillaume Horel, Nikunj Kapadia, Leandro Saita, and Ke Wang. Where possible, the content based on methodology has been separated from the substantive empirical findings, in order to provide access to the latter for those less focused on the mathematical foundations. A key finding is that corporate defaults are more clustered in time than would be suggested by their exposure to observable common or correlated risk factors. The methodology allows for hidden sources of default correlation, which are particularly important to include when estimating the likelihood that a portfolio of corporate loans will suffer large default losses. The data also reveal that a substantial amount of power for predicting the default of a corporation can be obtained from the firm's "distance to default," a volatility-adjusted measure of leverage that is the basis of the theoretical models of corporate debt pricing of Black, Scholes, and Merton. The findings are particularly relevant in the aftermath of the financial crisis, which revealed a lack of attention to the proper modelling of correlation of default risk across firms.