Expert Subcontractor Default Insurance Claims Consulting (SDI)
Trustworthy SDI Claims Evaluation by VERTEX
VERTEX has been a trusted partner to the insurance industry to investigate and analyze environmental, construction, and surety related claims for nearly three decades. It is because of this that our insurance clients also utilize VERTEX’s expertise to evaluate Subcontractor Default Insurance (SDI) Claims to help minimize lost time and productivity on construction projects.
Minimizing Project Time Loss
VERTEX’s experienced claims consultants understand that subcontractor defaults can have significant impacts on projects. By engaging with carriers early in the process and setting the insureds expectations, VERTEX is able to help mitigate common pitfalls which can impact timely outcomes. VERTEX’s analysis includes reviewing the terms of the policy, the Proof of Loss, the subcontractor’s scope of work and evaluating the direct and indirect costs associated with the default. VERTEX’s ability to address the multitude of nuances that occur as part of the SDI claims process is supported by specialists in construction accounting, scheduling, and fault allocation.
Accurate and Timely SDI Claims Reports
VERTEX understands that keen attention to detail, accuracy, and timeliness are paramount in the claim review process and delivers a comprehensive report to back the findings. Additionally, VERTEX has qualified forensic schedule delay and litigation expert witnesses for dispute resolution services, as needed.
SDI Claims Process Support by VERTEX’s Specialized Experts
- Notice of Claim Review
- Subcontractor Default Policy Review
- Proof of Loss Documentation Review
- Backup Documentation Review
- Direct and Indirect Costs-to-Complete
- CPM Delay/Schedule Analysis
- Apportionment and Allocation of Delays/Costs
- Report of Findings
- Summaries of Costs Submitted Versus Costs Documented
- RFI Documents
- Development of Templates and Forms
Services
- Forensics
- Surety Claims Consulting
- Construction Claims Consulting
- Environmental Claims Consulting
- Forensic Engineering
- Forensic Cost Engineering
- Forensic Architecture
- Forensic Accounting and Fraud Investigations
- Forensic Fire & Life Safety Claim
- Insurance Appraisal Consulting
- Builder’s Risk and Delay in Start Up (DSU) Insurance Consulting
- Subcontractor Default Insurance Claims Consulting
- Expert Witness & Dispute Resolution
- Standard of Care
Contractor - Standard of Care
Contractor Termination - Standard of Care
Owner - Standard of Care
Architectural & Building Envelope - Delay and Damages
- Productivity Loss
- Termination
- Commercial Damages
- Standard of Care
Structural - Standard of Care
Site Civil - Government Contracts
- Standard of Care
Heavy Civil - Standard of Care
Geotechnical - Standard of Care
MEP - Fire Protection
- Standard of Care Construction Safety
- Delay
CPM Scheduling Expert - Standard of Care Fire Protection and Life Safety
- Delay
Productivity - Delay
Acceleration - Damages Cost of Repair and FAULT ALLOCATION
- Business Interruption & Lost Profits
- Damages
Differing Site Condition - Damages
Added Scope - Environmental Cost Expert
- Environmental Scope Expert Witness Services
- Environmental Schedule Expert Witness Services
- Environmental Compliance Expert Witness Services
- Standard of Care
- Engineering
- Environmental
- Project Advisory
- Construction Management
- Owner’s Representation
- Owner’s Project Management
- Program Management
- Construction Monitoring
- Distressed Project Services
- Project Controls
- Cost Management & Cost Estimating
- Construction Inspections
- Restoration and Tenant Improvements (RTI)
- Market Research & Real Estate Economics