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Why Every Design Project Needs a Written Contract Before You Begin

Bill Thrush

It is a situation that is not uncommon for design professionals: A client calls up with a new opportunity and requests initial conceptual plans, or a call is received providing notice that a proposal was accepted and services should begin immediately. Excited about the new job prospect and not wanting…

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Why Drone and Liability Insurance is Becoming More Important for Businesses

oswaldcompanies

Initially viewed as a high-priced toy, drones have become a tool for taking aerial photos and video, monitoring crowds, and even spotting wildlife trends. The possibilities are endless for businesses of all kinds, which also means businesses could be held liable for damages caused by a drone. That’s why the…

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Builders Risk: Being Prepared Can Tip the Scales in Your Favor When it Comes to an Insurance Claim

There’s a significant amount of risk involved in any construction project, so all builders should be prepared in case of an accident on the job. It will make the process of making a claim on your insurance easier, more efficient and, hopefully, put the odds in your favor. Claims Treat…

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How to Build a World of Protection Around Your Construction Project and Your Business

There’s a significant amount of risk involved in any construction project, so builders and contractors can’t be too careful when it comes to securing Builder’s Risk coverage for their projects. One way to ensure compliance is to be aware of the latest trends in insurance coverage and contract terms. Think…

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Reserve Your Seat for Oswald’s Annual All Ohio Convocation Sept. 5 in Columbus

oswaldcompanies

The All Ohio Convocation, a risk management program for architects and engineers and industry legal professionals, will take place Thursday, September 5, 2024. The full-day annual event, hosted by Oswald’s Design & Construction practice, will offer 5.0 AIA/ HSW / CLE credits (pending approval) and will cover a wide-range of…

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Builders Risk: Owners and Contractors Alert

There’s a significant amount of risk involved in any construction project, so builders and contractors can’t be too careful when it comes to securing Builders Risk coverage for their projects. Oswald’s Design & Construction team recently attended the 2024 AGC Surety and Risk Management Conference, along with 600 of the…

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[Sept. 7 Event] Navigating the Ever-Changing Landscape of the Design, Development & Construction Industry

oswaldcompanies

Join us as we discuss the current state of the construction industry as it relates to insurance, contract provisions, market issues, and the growing influence of manufacturing, data, and lean strategies. Insights will be from local industry leaders at Oswald Companies, Taft, Demain, and Capstone Apartment Partners. Thursday, Sept. 7 2023 |…

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Reserve Your Seat for our Annual All Ohio Convocation Sept. 7 in Columbus

oswaldcompanies

The All Ohio Convocation, a risk management program for architects and engineers and industry legal professionals, will take place Thursday, September 7, 2023. The full-day annual event, hosted by Oswald Companies, will offer 5.0 AIA/ HSW / CLE credits (pending approval) and will cover a wide-range of topics including: The…

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What is a Surety Bond?

Mark Rader

In simple terms, a surety bond is a third party financial and/or performance guarantee of a contract or other legal obligation between two parties. While there are hundreds of bond types, the most common types are bid bonds, performance bonds, payment bonds, license bonds, estate administrator bonds, and appeal bonds.…

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Surety Bonds for the Legal Profession

Mark Rader

The judiciary requires a surety bond to help protect property or money. Some of the most common surety bonds include: Appeal Bonds (or Supersedeas Bonds) stop judgment enforcements and guarantee payment when appeals are lost. Attachment Bonds (or Replevin Bonds) help seize the defendant’s property, which plaintiffs can later sell or transfer.…

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