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Design/Build Insurance: Filling in the Gaps

by 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

Abstract:

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: Insurance | Design-build | Professional practice | Industries | Commercial construction

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