Red flags and digital engineering stamps
By Jared Maxwell | Digital engineering stamps can create serious professional, financial, and reputational risk when firms fail to control access and coverage.
10 results found for “contractual language”
By Jared Maxwell | Digital engineering stamps can create serious professional, financial, and reputational risk when firms fail to control access and coverage.
By Tristan Harper | Construction contracts are not professional services contracts, and confusing the two creates uninsured risk for AEC firms.
By Lauren Martin | A simple “time is of the essence” clause can transform routine schedule delays into costly legal and insurance risks.
By Lauren Martin | Design firms need to be vigilant about clauses and language that have the potential to significantly expand their risk while undermining their insurance protection.
By Lauren Martin | AEC firms should carefully assess confidentiality clauses in contracts to avoid uninsured risks, especially amid growing cyber threats.
By Lauren Martin | Imprecise, incorrect contract language may leave AEC firms uninsured for professional liability exposures.
By Lauren Martin | The Architectural Works Copyright Protection Act of 1990 granted architects copyright protection for their designs, but recent trends see ownership shifting.
By Lauren Martin | These clauses represent a real and potentially significant exposure for AEC firms for which there’s no insurance protection.
By Lauren Martin | It’s important for design firms to understand the potential peril to all parties involved should there be a third-party beneficiary clause in any contract.
By Lauren Rhodes Martin | Besides placing an undue and inappropriate burden on architects and engineers, warranties are expressly excluded in their professional liability insurance policies.
By Lauren Rhodes Martin | More owners (or their lawyers) have tried to insert these clauses into design contracts, and this should be a red flag for AEC firms.
By Rob Hughes | This subtle but onerous language is becoming fairly widespread in design contracts and, if overlooked, could leave design firms with significant, potentially uninsured exposures.
Careful review of certifications with your legal counsel and insurance advisor will enable you to better address the needs of your clients and lenders.
Good contracts can help, but timely and thorough reviews of shop drawings are, perhaps, the best defense.
AEC firms have new options for addressing the ‘Duty to Defend’ obligation in indemnification provisions. As clients continue to look for ways to transfer greater amounts of project-related risk to design firms, it has become...
As communities look for ways to protect themselves from large-scale weather-related events, design firms are equipped to help them meet the challenge. Through mid-2018, the U.S. experienced six weather and climate disaster events with losses...
AEC firms must be diligent during design and construction to avoid becoming ‘responsible’ for worksite injuries or death. Although site safety generally is the responsibility of construction contractors and subcontractors, when injuries or deaths occur...
By understanding the various risks associated with P3s and taking appropriate steps to manage them, A/E firms can put themselves in advantageous positions. As our nation turns to the urgent need to repair, replace, and...
A/E firms with new projects should carefully examine their contracts, or risk expanding overall exposure and adding potentially significant uninsured liabilities. Before inking a deal on a new project, architects and engineers should conduct a...
If improperly worded, they not only can shift significant risks, but do so in ways that leave design professionals exposed to potentially large claims. A critical component of effective risk management for design firms involves...
Even minor changes in contract language can create major liability and insurance issues for design firms, so be aware of what’s out there and act accordingly. Today’s contracts involving design firms and owners, project managers...
Press Release: March 2, 2011 FAYETTEVILLE, ARK. (March 2, 2011) — Legal claims over sustainability promises vs. performance of certified green buildings are beginning to mount—and so are warnings to A/E/P and environmental consulting firms,...