Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the policyholder is reimbursed and enabling the work to be completed. Unlike ...
Fix It Homestead on MSN
The subcontractor issue that can create a liability mess on your property
When you hire a contractor, you expect them to handle the job and the people they bring with them. In reality, the subcontractors they choose can quietly shift legal and financial risk back onto you ...
Construction success relies on orchestrating countless moving pieces. With the average project having 24 different subcontractors—and often many more on large commercial builds — there’s a huge ...
Incorporation Clauses: Does the Subcontractor Really Assume All Obligations of the Prime Contractor?
Many subcontracts contain a catch-all provision requiring the subcontractor to do everything the prime contractor is obligated to do under the prime contract. This is known as an “incorporation” ...
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