Construction 101 Start to Finish

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Presentation transcript:

Construction 101 Start to Finish This presentation has been developed to provide an overview of the construction process and not to discuss specific coverage issues.  Statements in this presentation as to policies and coverages and other content provide general information only and we provide no warranty as to their accuracy.  Any discussion of exposures herein are solely the opinion of the individual presenter.  The discussion of coverage and what may be covered under a policy depends upon specific facts and circumstances.  New Day cannot and does not offer an opinion on what may or may not be covered under an individual insured’s policy.  Nothing in this presentation is intended to suggest if a claim may or may not be covered under an individual policy.   Please consult with your licensed insurance broker or legal counsel as to how insurance coverages pertain to your individual situation.

Types of Project Delivery Start to Finish – Design Bid Build Initial Phases Conceptual - Owner Site exploration and selection Search Due diligence / Acquisition Zoning / Public Hearings Traffic Studies Permitting Financing Design – Architect and Design team

Types of Project Delivery Start to Finish – Design Bid Build Architectural Geotechnical Investigation Environmental Impact Investigation Civil Site Design Foundation / Geotechnical Design Structural Design Electrical Design Mechanical Design Plumbing Sewer HVAC Fire Prevention

Types of Project Delivery Start to Finish – Design Bid Build Advertise and Award GC CM AR CM Agency

Construction Management – All GCs!!! Construction Management – Even when not contracted as CM Hire and oversee subcontractors? Work on DB and use BIM? Manage a budget and schedule? Make field decisions / changes to plans and specs? Do value engineering?

Contractor Tasks Construction means, methods, techniques, sequences Day to day activities Incidental design (field changes) Rigging Shoring Scaffolding Construction Crane Temporary Elevators

Erosion control, grading and foundation prep

Surveyor sets elevations for foundations, footprint and alignment

Excavation to design elevations

Caisson footings and load bearing columns

Temporary retaining wall, concrete forms and Trenching

Concrete forms, concrete pump, and staging construction phases

Wood frame construction over cast in place concrete parking deck

Construction cranes, temporary shoring and traffic control

Construction cranes, staged concrete pours

CMM – Temporary construction elevator

Post tensioned concrete, scaffolding and shoring

Ironworkers tying rebar, construction joints, temporary safety fencing and shoring

Scaffolding and shoring

Fast Tracking - Envelope construction as higher stories continue under construction

Pre-stressed beams on new highway interchange

Highway bridge setting beams, rebar for composite deck and NJ barrier walls

Number One cause of Contractors Professional Liability claims for project delay and economic damages

QUESTIONS? Mitch Cohen, PE Vice President New Day Underwriting Managers LLC (Alpharetta, GA office) 2465 Kuser Rd., Suite 202 Hamilton, NJ 08690 609 298 3516 ext 107 404-452-8438 - Mobile Mitch.cohen @newdayunderwriting.com This presentation has been developed to provide an overview of the construction process and not to discuss specific coverage issues.  Statements in this presentation as to policies and coverages and other content provide general information only and we provide no warranty as to their accuracy.  Any discussion of exposures herein are solely the opinion of the individual presenter.  The discussion of coverage and what may be covered under a policy depends upon specific facts and circumstances.  New Day cannot and does not offer an opinion on what may or may not be covered under an individual insured’s policy.  Nothing in this presentation is intended to suggest if a claim may or may not be covered under an individual policy.   Please consult with your licensed insurance broker or legal counsel as to how insurance coverages pertain to your individual situation.