Builders: How Long Should You Keep Those Documents?
Because of the cost and burden of keeping documents indefinitely, builders frequently ask how long various records should be maintained. There is no one size fits all answer because the answer depends on the type of document and the type of construction project. This article will discuss the various types of documents, the suggested retention periods, and […]
How to Protect Yourself in a Construction Defect Claim
Builders are generally able to resolve disagreements with homeowners over a construction defect claim, but there are some things you should know to protect yourself. When a resolution cannot be reached, the Residential Construction Liability Act (RCLA), which is found in Chapter 27 of the Texas Property Code, governs such claims. Because of the protections afforded by […]
What is CGL – and Why Is It So Important?
No insurance policy in the construction industry is more discussed – and cussed – than the infamous Commercial General Liability (“CGL”) policy. Unfortunately, many people do not have a good working understanding of the CGL policy or options that would provide more protection. As a result, a builder may pay for a loss that could […]
Construction Insurance Contracts | Do Your Provisions Actually Have You “Covered”?
Construction insurance contracts are a must as construction projects are notoriously risky endeavors. In order to cover these risks, the parties usually employ the following types of insurance coverage: builder’s risk, commercial general liability, umbrella, contractor’s pollution, auto, and workers’ compensation/employer’s liability. Each insurance type has gaps, but often there are ways of modifying the […]
Arbitration – It’s time to give it a second thought
The construction industry has used arbitration as the primary method for resolving disputes for many years. Builders routinely include a well-worn arbitration provision in their contracts. When disputes occur, however, builders are often surprised at certain limitations of the arbitration process. Therefore, it is worth giving that old arbitration clause a second thought and seeing […]