Workmanship during warranty period

Assignment Help Management Theories

Reference no: EM133674083

Question: What types of insurance and/or bonds would construction firms use in each of the following cases as protection against financial risk? For each case, provide 2-3 sentences that concisely support the specific choice of insurance and/or bond type. (a) Direct loss or damage to property while it is in transit to or from a project. (b) Loss due to lack of adequate performance by subcontractors on a project (c) Losses beyond those covered by other liability insurance policies (d) Loss due to professional negligence of design professionals (e) Loss that may arise due to defective material or inferior materials and/or workmanship during warranty period

Reference no: EM133674083

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