Articles, Guides, Checklists and Videos
Articles
A Best Practice Payment Schedule for New Residential Construction
There are always two sides to every story. It’s no different when it comes to payment schedules in a building contract. Getting it right is a balancing act.
Bonds & Guarantees – Winning Clients, Lowering Costs & Reducing Risk In a Recession
While the precise impact of a recession on our construction sector is unknown it will no doubt affect many small businesses as less work is pushed through the pipeline. For savvy business owners there are options to help both reduce risk to their own profitability and give greater confidence to potential customers.
Can I Save Money in a Recession by Cutting Insurance?
Insurance may seem like a cost that can be cut, but make sure you think through the serious implications of doing so.
Reassuring Clients With An Independent Guarantee + Other Ideas To Help Your Business During Difficult Times
Check out how a guarantee can help reassure clients during these uncertain times. Plus, other ideas to help manage your business risk including short term small business loans and ways to improve your cashflow as the economy takes a hit from coronavirus.
Builder & Trade Claims – The Importance of Extending Contract Works Insurance, Crashed Drones, Defective Tiling, Scratched Glass, Stolen Tools & Damaged Carpet
Read about 6 examples of claims from builders and other construction trades. These are cautionary tales to be help you be better prepared!
The Importance of Professional Indemnity Insurance for Building Contractors
According to construction insurance specialist insurer MECON, 45% of building failures are a result of design issues. Without professional indemnity (PI) cover builders run the serious risk of being uninsured when they are dragged into litigation over defective design.
Videos
Guides & Checklists
Simple Risk Management Checklist
Use the checklist below to lower the odds of some of the most common risks faced by construction companies and tradies happening to you and your projects.
Key Risk Checklist for Builders
Work through the checklist to see how well you're managing the top 5 risks identified by builders. It's recommended to use the checklist for every job or project.
Building Contractor Risk Scorecard
Use this form to regularly assess key areas of risk. This will help identify trends in performance and indicate where action needs to be taken.
Easy Guide to Contract Works Insurance
Builtin’s Guide to Contract Works Insurance outlines some of the most important issues with this type of cover that builders need to be aware of when starting a new project.
Defective Workmanship Cover Explained
Defective workmanship—by you or your team—can expose you to thousands in liability, legal fees, and damages. Make sure you're properly protected.
Basic Tool Inventory for Builders
Use this table to work out how much your tools are worth and keep a record of them. You can save and update the list any time. You will be able to print a copy.
Builders Insurance Requirements Checklist
Use this form to check if there are any gaps in your insurance coverage compared to the areas of risk that you're exposed to.
Construction Project Risk Checklist
Use this form for each new job or project. It will help ensure you have covered off the most important tasks to mitigate risk to the project's success.
Construction Project Insurance Checklist
Every building project involves risk. The risk may be higher or lower, depending on a whole range of factors, and you will need to eliminate, isolate or minimise these risks.