Case Studies
J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii
Read MoreA multi-phase project experienced flooding, which impacted various areas of the live campus, including occupied areas, staging areas, and areas under construction. The claim included repairs to work previously put into place, repairs to owner-furnished equipment, and replacement of stored materials.
J.S. Held was engaged to conduct a site inspection and review the builder’s risk cost claim. Upon review of the contract documents received through J.S. Held’s request for information (RFI) process, J.S. Held determined that some phases of the project had already received substantial completion and certificates of occupancy and were being occupied by the property owner at the time of loss. J.S. Held brought this to the attention of the insurance carrier and questioned whether the builder’s risk policy still covered phases that were completed and occupied prior to the loss. The carrier confirmed that only project phases that were actively under construction at the time of the loss were covered by the policy. J.S. Held separated the claimed costs by project phase and determined the only covered portion of the claim consisted of stored materials intending to be installed for an active project phase, the amount of which fell below the deductible.
Diane Zimmer, EIT, LEED AP, PMP
Managing Director
Builder's Risk Practice
+1 773 249 9174
[email protected]
> Construction Contract Claims & Advisory Services
J.S. Held construction claims experts support construction project stakeholders by assisting in risk identification and assessment and the avoidance and resolution of project-related disputes.
> Construction Insurance Claims Services
We have a dedicated team of experts that have consulted on and testified in complex matters involving buildings and infrastructure that have been damaged during the course of construction.