Design/Build Insurance: Filling in the Gapsby Candace Port-Hull, Freelance Business Writer; Washington, DC,
Serial Information: Civil Engineering—ASCE, 1997, Vol. 67, Issue 9, Pg. 56-59
Document Type: Feature article
Design-build is on a roll, and the insurance industry is helping it roll along faster. Since 1987, the domestic volume of design-build construction has climbed from 6 billion to 56 billion per year, and that growth is expected to steepen as design-teams tap new insurance products that make the business of design-build a lot less risky. The biggest obstacle of all—the issue of professional liability—may soon lose its complex litigious undertones and become just another routine item on the design-builder's insurance checklist.
Subject Headings: Design/Build | Insurance | Professional practice | Commercial construction | Industries
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