How wrap-up insurance is handled in most jurisdictions

Assignment Help Operation Management
Reference no: EM13970707

E&B Contracting has been invited to bid on a project for which a wrap-up construction insurance program is being considered. E&B is not clear as to how insurance costs should be factored into its bid. Which of the following statements accurately describes how wrap-up insurance is handled in most jurisdictions?

a. A wrap-up construction insurance program applies to property insurance only.

b. A wrap-up construction insurance program combines all participants for experience rating purposes only.

c. The owner or general contractor buys much coverage for all participants, but workers' compensation insurance policies are issued for each participating contractor.

d. The owner or general contractor buys workers' compensation insurance, but most other coverage’s are bought by each participating contractor.

Reference no: EM13970707

Strategy is the political equivalent of win some-lose some

The _____ strategy is the political equivalent of "win some, lose some" and is possible in a long-term relationship where there is time for give-and-take exchange. A) accommod

Why would a company decide not to patent something

Jones Pharmaceutical Company just invented a formula that cures baldness. It decided not to patent the formula. Instead it kept it as a trade secret. Why would a company decid

What is the impact of leveling within slack on sensitivity

Which if any of the resources are over allocated? Assume that the project is time constrained and try to resolve any over allocation problems by leveling slack. What happens?

Spiral employee morale-increased workload requiring overtime

What can the executive team of an advertising company do to reverse the downward spiral employee morale and increased workload requiring overtime? (note: so far, overtime work

How imperfections in coding affect the budget preparation

Imagine you are a coding supervisor. What emphasis would you place on the Standards of Ethical Coding in your area? Would you include the Standards of Ethical Coding in your p

Difference between contracting and contract administration

What is the difference between contracting and contract administration? Although risk management is a factor in both areas, how does it differ in each? Provide an example.

Relationship between projects scope and its budget

Describe the relationship between a project’s scope and its budget and your experience with both. What may occur with a project if it is over budget with a significant scope r

What is your follow-up and contingency plans

Frito-Lay, the multi-billion-dollar snack food giant, produces billions of pounds of product every year at its dozens of U.S. and Canadian plants. From the farming of potatoes


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd