South Carolina Moves Forward with Construction Defect Bill

By | April 1, 2011

  • April 1, 2011 at 4:14 pm
    Former Status Quot says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Seems like the courts are able to get it right, but it’s no surprise that the legislative branch has no clue. Two things need to happen here: 1) ISO needs to finally write an endorsement to the policy, under the definition of occurrence, that says faulty workmanship isn’t covered and 2) faulty workmanship needs to be pushed back onto the performance bond, not the GL policy. If the contractor doesn’t have a performance bond then they shouldn’t be allowed to do business in the state. It isn’t that hard to figure out.

  • April 11, 2011 at 9:11 am
    Baymond says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Well, a bit late on this but:

    As a CONCRETE subcontractor in both NC and SC, Crosland (and most ALL other GC’s) are again trying to pass the buck off on someone else. They hire a Sub and beat them down on price to NOTHING, then expect EVERYTHING from them in service, and of course, payment terms of 60 DAYS PLUS (yes, that = 70+). If a poor sub stands up to them (LIEN) they are promptly BLACKBALLED forever from the priviledge of being annointed the GRACE of “allowed” to do “business” with these “not lacking in self-esteem” factory’s. The end result is a bunch of REVOLVING CRAIGSLIST SUBS that barely meet the minimum guidelines for a “business”, if they in fact, are legitimate.
    A better bill would be to FORCE payment within THIRTY DAYS FIRM…period, no exceptions! The money is there…but the SUBS still are expected to FLOAT every THIRD house built until SOLD. It’s an arrogant, misguided business strategy that does nothing but line the pockets of the wealthy GC’s while shafting the SUB (they really, really do not care about workmanship) and ultimately the HOME OWNER. Ask any sub about RESIDENTIAL work. It sucks, but a necessary evil to survive. I’m on the INSURANCE industry side on this one. Par for the course for these so called “builders” = put the investment “maximize me” strategy first and foremost. If the home owner only knew what REALLY takes place on the jobsite, well, let’s just say that the production home builder would be a thing of the past.
    Wow, getting the commercial GL policy to cover quality control, now that’s a spin. Someone over there is a freaking genius.



Add a Comment

Your email address will not be published. Required fields are marked *

*