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Construction Subguard Insurance Fundamentals

Understand the coverage and parameters of the subguard insurance program.

For many years, owners and general contractors have looked for cost effective alternatives to the traditional payment/performance surety bonds. Subguard insurance has emerged as a viable alternative that protects the owner and general contractor from the consequences of a defaulting subcontractor while eliminating many of the delays and other problems associated with traditional surety bonds. This topic will provide you with a firm understanding of the subguard program, including coverage parameters, exclusions and other important information. This information will be of interest to owners, general contractors, subcontractors, attorneys and surety professionals.

Runtime: 90 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview of Subguard

Subguard vs. Traditional Surety Bonds

Subguard Coverage

Subguard Coverage Exclusions

Cost of Subguard Policy

Questions and Answers

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on October 31, 2017.

Call 1-866-352-9540 for further credit information.

  • AIA HSW 1.5
     
  • Lorman Business Center, Inc. is registered with the AIA Continuing Education System (AIA/CES). This 1.5 hour program offers 1.5 Learning Unit hours, which will be reported directly to the AIA/CES for AIA members. This program qualifies for 1.50 hours of Health, Safety, Welfare (HSW).
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

  • Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • NY CLE 1.5 including Areas of Professional Practice 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ira M. Schulman

Pepper Hamilton LLP

  • Partner with Pepper Hamilton LLP (New York office)
  • Concentrates in construction law, for more than 35 years, focusing on all areas of dispute resolution and the drafting and negotiation of full range of construction contracts
  • Represents owners and contractors in all aspects of the contracting process on public and private works projects throughout the New York City metropolitan area
  • Led construction contract negotiations for many high profile projects including Trump Hotel and Towers, Chicago and numerous commercial and residential construction projects for owners and major general contractors; former special construction counsel to Westchester County, New York
  • Listed in Chambers USA: America’s Leading Lawyers for Business (top 10 construction attorneys in New York City), The Best Lawyers in America and Super Lawyers (New York City)
  • J.D. degree, Georgetown University; B.A. degree, Lehigh University
  • Can be contacted at 212-808-2718 or [email protected]
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 401343
Published 2017
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