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April 2011 Archives

Construction Insurance

Owner-Developers who have a tower crane on their project site will have the obligation of procuring Eighty Million ($80M) Dollars in project specific general liability (GL) insurance, regardless of the project's scope of work. The regulation is silent on whether such GL insurance must be obtained wholly by the crane contractor, construction manager or owner or can be achieved by combining or aggregating these entities coverages. Until the DOB offers further guidance, we are advising Owners that they ultimately are responsible for showing the DOB that the project is in compliance with the new GL insurance obligations, and that it may be met by aggregating project specific coverages.

New After-Hours E-Permits from the DOB

Adding to the already multiple filings that can be done on-line with the DOB, the department has just launched an on-line renewal service for after-hours variances for construction work. This will speed up the construction process by allowing contractors and developers to submit renewal applications online instead of having to appear in person at one of the DOB's offices.

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