On the Road with USGlass

For Glazing Contractors

A few items of note and importance for contract glaziers have made their way across my desk these last few weeks. None of them are really big enough to be a subject of their own blog, but they are items you may wish to know about nonetheless. So consider today’s offer a bundle of blog-itos to snack on. Here goes:

A New Type of Insurance: Hidden amid all the COVID coverage in February was the announcement by Travelers Insurance that it was debuting a new type of policy designed to cover general contractor’s project losses. Though there are high deductibles and co-insurance, it’s designed to protect contractors from unforeseen field conditions, delays, estimating errors, supplier failures, price escalation and other catastrophic project losses. This insurance also covers defaults and failures by subcontractors, though that type of insurance and bonding has been available for quite a while. Unfortunately, disasters from viruses and/or government action are not included. Can you foresee a day when glazing contractors include the cost of such coverage in their quote just so the contractor can be protected in the case of delays or any number of other crisis that can happen to the glazing sub? Here’s a good overview of pluses and minuses.

COVID and Construction: One consequence of the pandemic is the amount of litigation that it has spurred and now comes the litigation around COVID and the construction industry. At issue for the glass and other construction industries is the force majeure clause—specifically does the pandemic we are living through fall under force majeure? Or do the consequences of said pandemic, such as government-mandated closings, fall under this clause? Some may argue that COVID and viruses are excluded because they are not specifically mentioned. Others argue that force majeure is designed to encompass all those conditions that no one could anticipate or articulate. Most of these answers are going to be found through court decisions.

So how do you protect yourself going forward? This article might give you a good overview. Please let me know (confidentially of course) if you are involved in any of these issues and how they are getting resolved.

And a Predictable Result: As I was reading April’s stories for USGlass magazine this weekend, I was struck by how much new equipment and how many new machine lines have been bought in the last few months. Call it a result of the need for more automation, or the availablity of PPP money, or a desire for greater capacity, but the glass industry is buying and upgrading right now and it’s great to see.