A consulting firm will pay $1.75 million to settle claims of breach of contract and professional negligence related to the design and construction of a large, lined pond that was part of a $13 million water treatment plant. The settlement was finalized on January 27.
“Mistakes can happen in any professional service, but those in the design and construction industry can be particularly costly. The bigger the project, the bigger the potential price tag to correct any errors.” – Kenneth Labelle, Broker, Professional Liability, Burns & Wilcox Brokerage, Chicago, Illinois
Featured solutions: Errors and Omissions; Professional Liability Insurance