Page 149 - Urban Construction Project Management
P. 149
Safety 107
Exhibit 5-28
Compensation insurance base rates.
Some insurance companies send out safety teams that review and evaluate the CM/GC’s
safety procedures. In addition, they walk the site to determine if any major safety viola-
tions have been noticed.
Premium increases could be substantial if the safety record has not improved. The
CM/GC should check with the insurance provider to determine what kind of impact an
accident will have on premium rates. This may give the CM/GC incentives for stepping
up any safety program that is now established.
