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ASA report shows subcontractors’ campaign to limit risk transfer pays off

Post Time:Jan 07,2009Classify:Industry NewsView:119

Policymakers’ understanding of sophisticated risk transfer issues is growing, and that’s good news for construction subcontractors, according to The ASA Report: The Policy Environment in the States, which the American Subcontractors Association, Alexandria, Va.,released Jan. 1, 2009. ASA’s annual evaluation of public policies in the 50 states and the District of Columbia revealed that legislators and courts took new steps in 2008 to limit how contracts or insurance for construction/design services may allocate liabilities. This is a key public policy issue for subcontractors, which are often forced to pay for the costs of job-site injuries or damage caused by others, even though the subcontractors are faultless, according to a Jan. 6 ASA release.

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