The Building BITE

Welcome to The Building BITE – a podcast for construction Contractors, Owners and Insurance professionals, who want to learn from the industry experts…
Jul 5th, 2021 | 34:59

The Building BITE: 4 Opportunities to Improve a Contractor’s Prequalification & Subcontractor Selection Process

On this episode, we spotlight Jeff Nolan, Risk Engineer at Cove Programs. Jeff shares four opportunities to improving prequalification and subcontractor selection processes for contractors to maximize success on a project. By (1) avoiding silos while doing prequalification, (2) developing a consistent risk mitigation plan, (3) consistently applying the developed processes, and (4) capturing the lessons learned, GC's are better positioned to see improvement in their risk management strategy and claims process. Growing up in California, Jeff shares his career journey after graduating from the University of California, Davis. From Bechtel to Zurich and now Cove, Jeff has worked globally in Dubai, The United Arab Emirates, London, and Germany. Leveraging his global expertise, Jeff shares his view of the main differences between SDI and surety bonds. He then provides listeners with four steps to improving a contractor's prequalification and subcontractor selection process. These include: 1.Don't do Prequal in a Silo or Vacuum 2.Develop a Risk Mitigation Process 3.Consistently Apply the Developed Processes 4.Capture the Lessons Learned Tune in to learn more about these four steps and how they can benefit project teams today. Follow @TheBuildingBITE