The Building BITE

The Building BITE

Download on the App Store

The Building BITE episodes

  • The Building BITE: 9 Steps to Managing Subcontractor Default Risk with Jim Budwell, Dir. of SDI Risk Mgmt. at CRP
    This episode takes a BITE out of Subcontractor Default Insurance with Jim Budwell, Director of SDI Risk Management at Construction Risk Partners. Jim shares CRP’s 9 Step Process to Managing Subcontractor Default Risk. Steps include: Being Alert for Early Warning Signs, Follow Your T&Cs, Communicate/Escalate Accordingly, Act Promptly and Formally, Determine Whether to Supplement or Terminate, Document Site Conditions Related to the Defaulted Sub, Set Up a Cost Code Specific to the Defaulted Sub, Define Default Resolution/Mitigation Plan and Communication of Default Status with Broker partners and SDI Carriers.
    Follow @TheBuildingBITE
    Listen to the show at http://www.TheBuildingBITE.com/
    38 min

About The Building BITE

From the publisher's feed

Welcome to The Building BITE – a podcast for construction Contractors, Owners and Insurance professionals, who want to learn from the industry experts about everything across Building Information Modeling, Risk Mitigation, Insurance, Technology and Leadership.