Apr 21, 2022
commercial general liability insurance, construction news, insurance for contractors
Port of San Diego commissioners on Tuesday began a review of a proposed plan to redevelop the Seaport Village area in downtown San Diego. The proposed project is from developer 1HWY1 and is expected to cost more than $3 billion. The redevelopment will feature a 500-foot tower with observation decks, an aquarium, multiple restaurants […]
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Apr 14, 2022
california contractor insurance, commercial general liability insurance, construction news, contractor news, insurance for contractors
Bonding is no longer just a requirement for public works projects. Public construction projects almost always require surety bonds. As a type of insurance, bonds protect the government if the wheels come off a project, or the contractor absconds with the funds. Indeed, bonding has been mandatory on federal public works projects since the late […]
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Mar 28, 2022
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Circumstances can change quickly in any business environment, construction included. Contractors can take on a project that looks profitable on paper but ends up being a time and money pit because of something they overlooked during the bid process, unanticipated material increases, skilled worker shortages or other trades falling behind — the list goes […]
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Mar 10, 2022
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
Material prices have hit a 35-year high. Here’s what contractors are doing to survive. Few old-timers can remember searching harder for roofing materials, bar joists or steel pipe. Prices for essential parts like these have risen by at least 50% in a year, and delivery dates are at least as long, if not twice. To […]
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Jan 27, 2022
california contractor insurance, commercial general liability insurance, construction news, entrepreneurial news, general liability insurance, insurance for contractors
The growth involves the repurposing of older facilities as well as the creation of new ones in cities such as Boston, San Francisco and Washington, D.C. Permission granted by Snowflake Markets across the country will see a surge in laboratory construction in 2022, with certain areas capturing a majority of activity, according to industry sources. […]
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Jan 14, 2022
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
While much of the spending package is still coming into focus, there’s a lot that construction leaders can start planning for. Drew Angerer via Getty Images With the signing of the Infrastructure Investment and Jobs Act, 2022 is shaping up to be a huge year for infrastructure. About $125 billion of these new federal funds […]
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Dec 13, 2021
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Permission granted by Fenwick Iribarren Architects Brief: Work on Stadium 974, previously known as Ras Abu Aboud Stadium, has finished ahead of the 2022 FIFA World Cup, dezeen reported. The arena is located in Doha, Qatar, and is made of shipping containers and modular, structural steel. Stadium 974 — which gets its name from the […]
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Nov 24, 2021
california contractor insurance, commercial general liability insurance, entrepreneurial news, insurance for contractors, small business
The power of gratitude extends far and wide, with major personal and professional benefits. From a young age, we learn that saying “thank you” is the polite thing to do. But the impact of expressing gratitude goes far broader and deeper, in both business and personal settings. Being grateful in our everyday lives is actually […]
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Nov 04, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor general liability insurance, insurance for contractors
One trend that we’ve really been seeing grow lately in the construction industry is the vertical farm and urban agriculture buildings that are sometimes referred to as “farmscrapers.” Vertical farms are multi-story buildings that use hydroponic and aeroponic systems that are lightweight and energy efficient. They have been popping up in some really unexpected places […]
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Oct 29, 2021
california contractor insurance, commercial general liability insurance, construction news, contractor news
Stepping into an existing project is a challenge. Experts suggest snapping photographs and ensuring clarity on payments before getting work started. Recently, Lendlease reportedly exited the $1 billion Oceanwide Plaza project in Los Angeles. While the future of that particular development remains in question, a new contractor will someday need to complete the work if […]
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