Posts tagged as:

soft cost

John Hutson Published in Construction Executive Magazine this Month

by Mary June 9, 2010

John has a great article published this month in Construction Executive magazine called, Common Errors that Kill a Soft Cost Claim. If you’re a long-time subscriber to our blog, you may not realize that you can sort through all of our postings using the links in the footer area and the side bar of this [...]

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Submitting a Construction Delay in Completion Insurance Claim? Don’t Forget the Adverstising

by John April 12, 2010

When a construction project is delayed due to an insured incident, there is an enormous amount of information that must be tracked immediately. Some of the bigger ticket items are interest expenses, refinancing costs, and property taxes. One often overlooked item is advertising. I have worked on several apartment and condominium properties that created a [...]

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Don’t Skimp on the Graphics for a Soft Cost Insurance Claim

by John March 1, 2010

In the wake of a major accident or delay on a construction project, don’t start pinching pennies when it comes to the graphics needed to submit a soft cost insurance claim. Every soft cost insurance claim should contain two critical graphics. The first is the “Extent of Damage” graphic.  This graphic is a general schematic [...]

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Flip Video Camera Can Help Document a Soft Cost or Delay in Completion Claim

by John February 3, 2010
The Flip video camcorder can help you.

When a major construction project experiences a loss, a contractor is suddenly faced with the daunting task of documentation for the insurance claim.  To document a construction soft cost or delay in completion insurance claim, the insured party should video tape the damage, recovery, and general project progress on a weekly basis. If you’re the [...]

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How to Document a Construction Delay in Completion or Soft Cost Claim

by John December 27, 2009

Developers often run into trouble when they make claims for delay in completion or soft cost claims.  These claims are triggered when damage to the construction causes a delay in the planned completion date.  Many of the problems associated with proving these claims can be minimized by meticulously documenting the damage and recovery efforts beginning [...]

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