BY JAMES UNTIEDT & CYNTHIA JOHNSON
This article first appeared in CFMA Building Profits.
The cornerstone of a successful contractual risk transfer program is a uniform, consistently followed approach to subcontractor insurance compliance.
Managing subcontractor risk transfer and perfecting the process of protecting the upstream party’s interests can be challenging for both contractors and subcontractors. After countless reviews of subcontractor insurance (and resulting litigation), here are seven practical strategies to improve subcontractor compliance.