top of page

The Construction Collaborative Group

Public·9 members

Who Would Sign this Contract?

Here is an interesting scenario...

A small trade contractor successfully bids for work on a data center project and receives a contract they are asked to sign. Upon thoroughly reading the contract (you all do that, right?) they discover that the project will be covered under a project level insurance policy (also called a wrap policy), which they knew, but the deductible is $1 million. Would you sign on to this??? Sounds crazy to me unless you can backstop that somehow. Not realistic you say? Check out the article on data center construction from Engineering News Record.


Close the Gaps in Data Center Project Insurance Policies, Say Risk Managers | Engineering News-Record

6 Views

The Construction Collaborative at CMsocial.net

  • LinkedIn
  • X
  • Facebook
  • YouTube
The logo for Via Real Productions
© Copyright by The Construction Collaborative LLC
bottom of page