From my perspective, these tough economic times have had an impact the unwritten rules that long governed the way construction businesses operate. Case in point: the vendors employed by subcontractors seem much quicker to file liens these days, even without communicating with the contractor. Insurance limits are being lowered on aggregate and umbrella coverage to [Read More]
Construction Trend: Quick Issue Vendor Liens and Lower Subcontractors Insurance Limits
Filed Under: Leadership, Management, Project Estimates, Tips from the Field Tagged With: Commercial Contractor, communication, Construction Trend, creditability question, economic, Listen, notice to owner, proactive, Subcontractors Insurance, Vendor Liens