Named perils coverage:  A property insurance term referring to policies that provide coverage only for loss caused by the perils specifically listed as covered. It contrasts with all risks coverage, which applies to loss from all causes not specifically listed as excluded.

RTD has received four “solid” design and construction proposals for its North Metro Rail Line.  North Metro project that will ultimately extend commuter rail north from Denver Union Station through Commerce City, Adams County, Thornton and Northglenn.

Causes of loss forms, a commercial property insurance forms that establish and define the causes of loss (or perils) for which coverage is provided.

Phase 1 of Craig Hospital’s $90-million expansion and renovation in Englewood, Colo., has gone vertical. The existing 135,034-sq-ft building will expand to 219,934 sq ft.  Due to changing codes since the original building was erected in 1969-70, all utilities had to be re-designed to meet current code standards.

FMI, a provider of management consulting and investment banking to the engineering and construction industry, says in its Q3-2013 Construction Outlook that market sectors will continue to shift through the rest of 2013, reducing annual construction-put-place predictions (CPIP) to $909.6 billion, down nearly $4 billion from previous predictions. Early forecasts for 2014 show annual CPIP will experience moderate growth of 7%, rising to $977 billion.

All risk coverage:  Property insurance covering loss arising from any fortuitous cause except those that are specifically excluded. This is in contrast to named perils coverage, which applies only to loss arising out of causes that are listed as covered. Although many industry practitioners continue to use the term “all risks” to describe this approach to defining covered causes of loss in a property insurance policy, it is no longer used in insurance policies because of concern that the word “all” suggests coverage that is broader than it actually is. Because of this concern, some industry practitioners have begun to use the term “open perils” or “special perils” instead of “all risks.”

The Comprehensive Cancer Center at the Exempla Good Samaritan Medical Center in Lafayette, Colo.,  opened on Sept. 3. The new four-story, 87,600-sq-ft building, designed by Denver’s Davis Partnership Architects, complements the existing EGSMC campus and provides a state-of-the-art health care facility where patients and families can receive treatment in a caring environment.

A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations.

Under separate ABC programs in New York State, crews are working to repair or rehabilitate old bridges. The state is attempting to ease the pain in certain heavily trafficked areas under a program launched last year that aims to put road and bridge repair work on the fast track, curbing driver inconvenience in the process.

Construction is back on track for many, but not all, California specialty contractors, according to a recently conducted ENR California-McGraw Hill Dodge Analytics survey. The top 40 firms participating in the survey reported $5.65 billion in total 2012 revenue. That’s up 42% from the $3.97 billion that the same number of companies reported in 2011.

Recognizing that green building could be a tool to address some of our worst public health challenges such as asthma, obesity, and cancer the U.S. Green Building Council (USGBC) is taking steps to better align green building goals with a public health agenda, evidenced by a new report titled “Health Is a Human Right. Green Building Can Help.”

Short-rate Cancellation:  A type of insurance policy cancellation that serves as a disincentive for the named insured to cancel the policy before its normal expiration date. The only time short-rate cancellation would occur would be when the insured initiates the cancellation prior to the expiration date.

With short-rate cancellation, the insurer is entitled to retain a greater percentage of unearned premium (UEP) than would otherwise apply with pro rata cancellation. The method in which the short-rate cancellation penalty may apply varies with the insurance policy in question. For example, a short-rate table may be included as a part of the policy; or the short-rate penalty may be calculated by multiplying the pro rate cancellation factor by a certain percentage increase—for example, 10 percent.

Now that debate on Energy Savings and Industrial Competitiveness Act (S. 761) has begun in the U.S. Senate, amendments that have nothing to do with energy efficiency could kill the bill for good—and one Senator is filibustering the bill until his amendment is voted on.

A new study released by the architecture firm Perkins+Will reveals cost premiums are decreasing for healthcare facilities to achieve LEED certification and are not cost prohibitive in most cases, but they still remain a sticking point.

Pro Rata Cancellation: The cancellation of an insurance policy or bond with the return of unearned premium credit being the full proportion of premium for the unexpired term of the policy or bond, without penalty for interim cancellation.

PCCP Constructors, a joint venture comprised of Kiewit, M.R. Pittman and Traylor Bros., along with a design team at Stantec, will start major construction this fall on the $700 million Permanent Canal Closures and Pumps project in New Orleans.

Flat Cancellation:  The cancellation of an insurance policy or bond as of its effective date, before the insurer has assumed liability. This requires the return of paid premium in full since the insured has never been covered under the policy.

Moving quickly to get Jacksonville’s Mathews Bridge back into service after it was damaged by a U.S. Navy cargo ship on Sept. 26, the Florida Dept. of Transportation announced Oct. 1 that Superior Construction, Jacksonville, submitted the apparent low bid for emergency repairs, with a price of $1.07 million. If the contractor can complete the repairs in 30 days, it stands to earn up to $500,000 in early-completion bonuses. FDOT estimates the total cost of repairs at $3 million

Heavy rains in late September has left at least $6.8 million in damage, but some New Mexico roads and bridges are still in need of inspection.

Cancellation: The termination of an insurance policy or bond, before its expiration, by either the insured or the insurer. Insurance policy cancellation provisions require insurers to notify insureds in advance (normally 30 days) of canceling a policy and stipulate the manner in which any unearned premium will be returned

Another description-defying building—which resembles a honeycomb with sharp edges—is taking shape in Los Angeles, directly across the street from the mother lode of nontraditional architecture—the Walt Disney Concert Hall. The Broad, a $140-million museum for contemporary art, is nowhere near as impossible to render into a three-dimensional object as was architect Frank Gehry’s exuberant music palace. Still, it is not at all simple to build, says the contractor.

Cancelable: Most insurance contracts can be terminated by the insurer or the insured at any time. If an individual policy is not a cancelable policy, then it will probably be designated guaranteed renewable or non-cancelable. Individual life insurance policies are non-cancelable by the insurer, where as most property and liability policies can be canceled.

From Levi’s Stadium for the San Francisco 49ers in the north to Dodger Stadium’s renovation in the south, ACCO Engineered Systems has become known throughout the California construction industry as a valued member of teams that build ultra-fast-track projects.

The NRC is requiring CB&I to enact measures to improve the workplace culture related to quality control at a Lake Charles, La., plant that supplies materials to nuclear-power projects in Georgia and South Carolina.

The first phase of an ambitious 14-block, mixed-use development called Teacher’s Village, for which Richard Meier & Partners Architects (RMPA) developed the master plan, the building houses two charter schools with interiors designed by the Princeton-based KSS Architects, and includes a gymnasium and fitness center that will eventually be open to the community.