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Year: 2011

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...

Construction Insurance

The Department of Buildings (DOB) has instituted new general liability insurance requirements for foundation, demolition and/or new building or major alteration permits. These new requirements are determined based on the height of the tallest adjacent building and the...