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Insurance Coverage for Design-Build Construction Projects
August 30, 2011
In a typical design-build project, a prime contractor has both construction and design responsibility, the latter by subcontract with a design professional, instead of using owner-provided plans. This approach introduces risks that differ from those in a traditional “design-bid-build” project.
Although risk transfer and allocation may differ, many of the same insurance policies are at issue, including CGL, PLI, builders risk and umbrella/excess policies. Newer insurance policies may protect non-design professionals from design-related risks and coverage gaps, such as OPPI or CPPI policies. In each instance, understanding such things as the relationship between insurance, contract requirements, additional insured status and the line between “design” and “construction means and methods” can be the difference between successful risk transfer and expensive failure.
Join Ober|Kaler's Stephen Palley and co-presenters for the CLE webinar, "Insurance Coverage for Design-Build Construction Projects" which will offer counsel on design-build projects, and scope of coverage in commercial general liability, professional liability and umbrella policies. The panel will discuss coverage triggers, covered damages, exclusions and policy conditions and offer best practices to maximize coverage. The program will be presented by Strafford Publications.
For information, visit: www.straffordpub.com/products/insurance-coverage-for-design-build-construction-projects-2011-08-30.