The Average Cost of Constructing a Commercial Building

Posted on April 8, 2022 by bafcorp20

One could argue that, in the eyes of a real estate developer or investor, the most important element of constructing a new commercial building is cost. After all, cost has a direct correlation to profit, which is arguably the ultimate purpose of building and constructing new real estate. Initial thoughts are generally focused on developing basic fiscal expectations, but because there are so many factors involved in determining the overall cost of commercial construction, it can be almost impossible to gauge the exact amount of capital required to finish your particular project.

Continue reading to learn what you need to know about calculating the average cost of constructing a commercial building, plus which commercial construction company in Central Indiana to trust for superior project results.

Indianapolis Indiana Commercial Construction Company 317-253-0531

Budget Planning and Preparation for Commercial Construction

With the right budget planning and preparation, you can maximize your business’s utility, function, and overall operational efficiency, plus artistically depict your organization’s culture, all while remaining within your anticipated budget. You can achieve. These objectives and more with the help of a licensed Indiana commercial construction management company.

There are several methodologies that can help you and your commercial general contracting team accurately calculate the total cost of your commercial build, such as precision budget analysis, economic data integration, cost foreseeability charting, and contingency forecasting. A skilled commercial construction company will have the proper knowledge, training, and resources to properly apply and implement these methodologies for more accurate cost evaluation.

Common Commercial Building Cost Considerations

Although every commercial construction build is unique, there are some baseline costs that can help you establish a fundamental outline for a budget. Your commercial construction management team can help you determine which baseline costs to include in your budget outline.

Factors that will most likely influence the total cost of your commercial construction project include the size and scope of the build, the building square footage, building location, intended use of building, building structure assembly, building codes, zoning/permitting, architectural design, and much more.

You also need to consider the costs for fire protection systems, security systems, HVAC requirements, and plumbing. Additionally, there are other costs considerations that may come into play with your commercial construction project, like the market demand for the materials being used for your project and similar economic conditions.

Are you ready to begin the planning and preconstruction process for your new commercial build in Indiana? Contact BAF Corporation at 317-253-0531 for professional commercial general contracting services in Indianapolis, Indiana. We serve commercial and industrial clients all throughout Central Indiana.

How to Minimize the Costs of Owning a Distressed Commercial Property

Posted on March 31, 2022 by bafcorp20

Are you a real estate developer who recently purchased a foreclosed or condemned property? Maybe you’re a real estate investor who has been sweating a stalled commercial construction project? Or perhaps you are a bank owner who has a distressed commercial property on the balance sheets? Either way, the expenses associated with owning and maintaining a real estate-owned (REO) distressed commercial asset can be draining to your bottom line. If you feel like you are hemorrhaging money by owning a foreclosed or deteriorating commercial property, it is time to take action and turn your asset into a moneymaker.

Continue reading to learn 2 effective ways to minimize the various costs of owning a distressed commercial property, plus how to find professional commercial construction company specializing in remodeling and renovation for distressed assets.

Indianapolis Commercial Renovations 317-253-0531

Effectively Managing a Distressed Commercial Property Starts With the Right Help

The two most effective ways to minimize the cost of owning and maintaining a distressed commercial property or asset are: 1) Hire a skilled commercial general contracting company, and 2) Be sure they provide specific services and solutions for real estate-owned (REO) construction.

Without proper planning and preparation, your distressed commercial asset will continue to bleed your bank account dry. It is critical to the overall success of revamping a distressed property to choose a qualified Central Indiana commercial construction company for the job. A licensed and experienced commercial general contractor who specializes in real estate-owned (REO) commercial distressed asset construction and renovation can help you come up with a viable plan that abates further deterioration and sets in motion a system of rebuilding a profitable asset.

What You Should Expect From Your Commercial General Contractor

After finding a qualified and experienced commercial general contracting company in central Indiana to provide your REO commercial distressed asset remodeling and renovation work, it is important that you confirm the services and solutions they are prepared to offer you during the process. In order to effectively turnaround a commercial distressed asset or property, your commercial general contractor should be able to provide the following services and solutions:

► Budget Analysis and Cost Foreseeability Evaluations

Your contractor be able to uncover discrepancies in terms of how much work has been done and how much was paid to previous contractors and subcontractors who did the. Additionally, they should be able to perform accurate cost foreseeability evaluations for all future renovation work, procurement, and post-facility maintenance plans.

► Commercial Construction Management

In addition to providing proper budget analysis and cost foreseeability evaluations, your commercial general contractor should be able to act as your single point of contact for all future projects. They should be able to organize a streamlined system to communicate with all vendors, subcontractors, and procurement companies, including the title company, on your behalf.

► Space Planning and Permitting

When renovating, remodeling, or, knocking down a distressed commercial asset, it is important to ensure that all work is performed in accordance with all local and state regulations, as well as all building code and jurisdictional requirements. Be sure your commercial construction general contractor can work with the proper jurisdictional authorities to provide comprehensive space planning and permitting services on your behalf.

Are you looking for a qualified commercial general contracting team that can transform a commercial distressed asset or real estate development project in Indiana? Contact BAF Corporation at 317-253-0531 for comprehensive commercial construction services in Indianapolis and its surrounding counties.

What is White Box Commercial Real Estate Construction?

Posted on March 15, 2022 by bafcorp20

You know how realtors suggest removing or hiding all personal items from your residence before an open house? Some will even encourage home sellers to repaint in a more neutral color palate. Well, this real estate sales strategy is known as depersonalization, and it helps potential buyers visualize their own lives within the dwelling and ideally, feel motivated to make an offer. In the commercial real estate industry, such blank canvas benefits apply in a similar way. What’s referred to as white box real estate is a valuable tactic for filling up unoccupied commercial buildings and spaces with quality tenants.

As a commercial real estate developer or building owner in the same predicament, you would be wise to consider white box remodeling or construction. Continue reading to learn more about white box real estate construction, including which commercial remodeling company to trust for expert advice and craftsmanship.

White Box Commercial Construction Indianapolis 317-253-0531

White Box Construction Finish

White box construction finish is also called vanilla shell or vanilla box construction finish. This type of construction finish is just that: a blank, white canvas ready for a new tenant to take over. It is a space that has been remodeled or constructed in a way that has it prepped for complete tenant improvement remodeling. The average commercial white box finish would be up to code, plus have all utilities set up, electrical work done, ceilings finished, walls finished and ready for painting, and base floor ready for preferred flooring. White box remodeling or construction also incorporates design details that prepare it for a potential build-out.

Common Finished Elements of a Vanilla Box:

▢ Roofing
▢ Walls
▢ Ceilings
▢ Windows and Doors
▢ Concrete Flooring
▢ HVAC
▢ Hot Water
▢ Electrical Work
▢ Standard Lighting
▢ Bathrooms/Drinking Fountain
▢ Fire Protection Systems
▢ Stairs
▢ Elevator

Considerations for a White Box Remodeling Job

If you are leaning towards white box construction or remodeling for your commercial building, it is important to discuss all terms and conditions of the job with your commercial general contracting company before any work commences. The classification of vanilla shell construction can vary among commercial contracting companies, so it is important to confirm the job expectations in clear and unambiguous detail.

Turnkey Tenant Improvement Construction

A white box construction finish certainly provides an opportunity for turnkey tenant improvements. This streamlined approach allows commercial tenants to customize the interior of their space in a way that optimizes their business’s daily operations, staff productivity, client satisfaction, and overall success. The secret to a successful white box construction or tenant remodeling job is to choose the right Indiana commercial general contracting company.

Are you looking for a qualified commercial construction company to help you with your white box real estate or tenant improvement needs? Contact BAF Corporation at 317-253-0531 for licensed and insured tenant improvements and remodels in Indianapolis, Indiana. We serve commercial and industrial clients all throughout Central Indiana.

Today is International Women’s Day!

Posted on March 8, 2022 by bafcorp20

Today, March 8^th, marks the annual International Women’s Day! And here at BAF Corporation, we are proud and honored to celebrate this important and highly anticipated day with all women around the world!

Let us commemorate International Women’s Day together by learning more about its meaning and how you can show your support this year and every year ahead!

BAF Corporation Construction Company Indiana — #BreaktheBias – Women’s International Day 2022

The Significance of International Women’s Day

International Women’s Day is a global holiday that is celebrated every year on March 8^th all across the world. This day is held in reserve to commemorate and observe the cultural, political, and socioeconomic accomplishments and triumphs of women. This special day memorializes and honors women of all ages, religions, ethnicities, and nationalities!

Throughout history, International Women’s Day founders and advocates successfully applied their resolutions by organizing rallies and events in support of women’s voting rights, gender discrimination, glass ceilings, stereotyping, inequality, and more. Today, the International Women’s Day organization is continuing to make moves in the direction of women empowerment.

International Women’s Day 2022

Last year’s International Women’s Day theme was #ChooseToChallenge, which was meant to inspire society to challenge gender stereotypes and biases against women in the work field, at school, and in the home. This year, the International Women’s Day campaign takes it a step further with the theme, #BreaktheBias, which speaks to the ongoing biases against women, both intentional and unintentional, that influence and propel gender inequalities. The official website for International Women’s Day is transparent with their message behind this year’s #BreaktheBias campaign, stating, “Knowing that bias exists isn’t enough, action is needed to level the playing field.”

How to Show Your Support on International Women’s Day 2022

Would you like to share in the honor and show your support of International Women’s Day this year? Join in with everyone in support of International Women’s Day by posting a selfie to social media posing with your arms crossed like an X (see photo above) and with the hashtags #BreaktheBias and #IWD2022!

BAF is a Certified Minority and Women’s Business Enterprise (WBE)

In addition to being avid supporters of International Women’s Day, BAF Corporation is proud to be a woman-owned business. In fact, we are a Certified Minority and Women’s Minority Business Enterprise (WBE) Company with the City of Indianapolis. This is an impactful and important aspect of our business because we believe in equality and fairness for every employee in any industry.

Would you like to learn more about us? We are happy to share! Contact BAF Corporation at 317-253-0531 to speak with a licensed and insured commercial general contracting representative in Indianapolis. We serve clients all throughout the state of Indiana.

Indianapolis Commercial General Contracting and Design Build Services — Contact Us Today 317-253-0531

Top 3 Financial Benefits of Commercial Space Planning

Posted on March 2, 2022 by bafcorp20

The real secret to being successful in business is having a well-thought-out plan. Commercial space planning and design are two essential business development strategies that can set your company up for long-term economic success. Continue reading to learn the top three financial benefits of choosing commercial space planning and design services, plus which commercial general contracting company in Central Indiana can help you achieve this level of success.

Commercial Space Planning and Design Indiana 317-253-0531

Fiscal Advantages of Commercial Space Planning and Design

When it comes to supporting a sustainably exponential bottom line, in-put versus out-put can play a large role in how successful you are at your initiative. You want to do everything you can to cut waste, increase energy efficiency, improve functionality, forestall expansion, and support worker productivity. The more you put in, the more you will get out of it, in terms of increasing profits. Commercial space planning and design can help you meet all of these business objectives and more.

How Can Commercial Space Planning Make You More Money?

When it comes to the link between profitability and commercial space planning services, there are three key advantages that tend to always present themselves: improved efficiency, increased worker productivity, and potential for growth. These three advantages to commercial space planning and design can help your business make more money straight from the get-go.

Efficiency

Commercial space planning and design can improve the overall efficiency of your company, in terms of both energy consumption and the efficacy of your daily operations. For starters, commercial space planning can create a layout that is conducive with optimal performance and functionality in terms of whatever your daily operations are. By increasing the efficacy of your staff, you can do more business and waste less resources and time, all of which puts more money back into your company’s assets.

Additionally, commercial space planning can reduce your energy consumption by incorporating energy-efficient systems and appliances, which can save you a lot of money, annually. Commercial space planning can also help create a system that reduces your overall waste, which can also save you money.

Worker Productivity

Commercial space planning and design allows time to create a well-thought out idea for your overall office or building design. In turn, a well-planned workspace makes staff more comfortable and therefore, happier. Employee contentment is proven to help increase worker productivity, which ultimately contributes to the growth of your bottom line. Speaking of growth, this is the next big advantage to choosing commercial space planning and design services in Indiana.

Growth

A well-planned commercial space or building sets your company up for streamlined growth potential. By thinking about expansion ahead of time, you can be more efficient with your capital and overall budget. Commercial space planning and design will incorporate this potential, either through strategic remodeling, economic foreseeability analysis, or similar industry methodologies.

Are you looking for a trusted commercial general contractor company to transform your business into a money-maker through strategic planning and design? Contact BAF Corporation at 317-253-0531 for focused commercial space planning and permitting in Indianapolis, Indiana and its surrounding counties.

A Comparison of Popular Commercial Flooring Options

Posted on February 25, 2022 by bafcorp20

If you are on the market for new commercial flooring, you will find that there are many materials to choose from, all ranging in quality, dimensions, color, styles, textures, and more. Of all the options out there, decorative concrete seems to remain a top choice among business owners and commercial real estate developers. Although you have several other options to choose from, there are many reasons to consider decorative commercial concrete; especially if you are looking for a cost-effective and modern upgrade to your business, building, or development.

Continue reading to learn more about the benefits of decorative commercial concrete, plus how other popular commercial flooring options compare in terms of quality, integrity, and price.

Commercial Flooring Indianapolis Indiana 317-253-0531

The Benefits of Commercial Concrete Floors

Not only is decorative concrete flooring inexpensive and easy to install, but it can also be customized to mimic any style, texture, color, or look. Decorative commercial concrete flooring can be stamped, stained, colored, died, treated, scored, polished, and so much more. This means that it can be designed to mimic higher in materials like tile, marble, cobblestone, brick, and slate, but cost less.

The options are virtually endless, and only limited by your own imagination and creativity. To learn more about the various benefits of decorative concrete flooring, talk to a local Indianapolis commercial flooring contractor who specializes in commercial construction and remodel work.

Popular Alternatives and How They Compare

Tile – Tile is expensive, and the options of styles and colors are limited. Also, tile requires a stricter care regiment in order to protect the grout lines and prevent cracking. If you are looking for high maintenance and high prices, tile flooring is right for you.

Brick – Sure, brick is beautiful. In fact, it’s quite stunning; however, brick is incredibly high maintenance and prone to a long list of damages. This makes it a poor fit for an interior flooring option.

Natural Stone – Cobblestone and other types of natural stone materials commonly used for flooring are high maintenance and high-priced. They are more prone to cracking and crumbling and require strict care regimen in order to maintain clean grout lines.

Linoleum/Vinyl – Linoleum and vinyl flooring are common options for both residential and commercial properties because they are inexpensive and low maintenance. On the other hand, linoleum and vinyl are often viewed as outdated, so many potential buyers are turned off by such flooring. This isn’t good for anyone who wishes to sell their property in the future.

Carpet – Carpeting is highly susceptible to several types of damages, especially staining and foot traffic. It is also more of a challenge to clean and keep clean. Carpets also retain dander and dust and other types of allergens, which can be irritating to those who suffer from upper respiratory illnesses and implications.

Wood – Not only is wood expensive in its natural state, but it is also a challenge to maintain. Wood is a natural element, therefore it susceptible to scratches, scrapes, and discoloration, so often times, it needs restoration after a few years.

Would you like to upgrade or restore the appeal of your business or building with new commercial flooring? Contact BAF Corporation at 317-253-0531 for qualified commercial flooring renovations in Indianapolis, Indiana. We serve clients all throughout the state. Request information or schedule a bid, today.

Top 3 Flat Roofing Systems for Commercial Buildings

Posted on February 7, 2022 by bafcorp20

The commercial roofing industry is seeing more and more new materials being introduced to the market, year after year. Some more costly than others, while others more Eco-friendly than some. But regardless of why you might be in the market for a new commercial roof, it is what you are looking for in a new roof that matters. There are three kinds of commercial flat roof materials currently available on the market. Although you will notice they are a bit more expensive than alternative materials, they are undeniably worth the investment in the long run.

Continue reading to learn more about the top 3 flat roofing materials used in the commercial construction industry and who to trust for superior commercial roofing replacement in Indianapolis.

Commercial Roofers Indianapolis Indiana 317-253-0531

Commercial Flat Roofs

The commercial roofing materials for flat roofs are measured in “squares” which is equivalent to 100 square feet. They generally cost anywhere between $250 and $350 per square, but prices can vary depending on the retailer and roof size. Warranties for flat roofs are typically good for 10 or 20 years, but with professional installation and routine maintenance, they can last up to 25 years or more. It is important to choose a reputable Indianapolis commercial general contracting company for dependable flat roof installation and repair services.

Modified Bitumen

Modified bitumen is a single-ply roll commercial roofing material infused with mineral-based exterior. This roofing material is efficient in terms of installation. There are peel-and-stick versions available on the market for those who wish to install their own new roofing, although this is strongly discouraged. There are also commercial ply roofing options that must be installed with professional equipment; a process that involves heat the adhesive as the material is rolled out.

It is a popular choice because its light-colored exterior reflects heat, which reduces energy bills. Also, it is moderately priced, right in between the cost of the other roofing materials. Since the application process is a fire hazard, it should not be installed in an occupied property. One downfall is that it’s not resistant to scuff marks and tears.

Built Up Roof (BUR)

BUR is the common hot-tar and gravel roofing seen on several types of commercial buildings throughout Indianapolis. It is assembled with alternating plies (3 or more) of waterproof materials, hot tar, and ballasted gravel. Today, these commercial roofing materials are manufactured with more advanced materials like fiberglass membranes, when before hot tar paper was the principal component. Although heavy, smelly, and messy to install, BUR can be a promising choice for some property owners and developers.

Not only is it fire-retardant, but it is also the cheapest of all the roofing materials so budgets can stay intact. But it should not be installed in a building that is occupied. This is a perfect choice for those remodeling a commercial property that is still vacant. Keep in mind that it is a big job that requires the services of a professional commercial contractor.

Rubber Membrane

Rubber roofing is an excellent choice for commercial properties in warm climates. It is effectually resistant to sunlight damage and can be installed one of three ways: glued-on, anchored with fasteners, or ballasted with stone. It is highly durable, resistant to scuffs and rips, light in weight, and water leaks are easy to patch. It is on the higher end of the price spectrum, being that it is more expensive than BUR and bitumen, but it is a wise choice for many commercial properties.

Are you wondering if you should upgrade or replace your commercial roofing system? Contact BAF Corporation at 317-253-0531 for licensed and certified commercial general contractor services in Indianapolis Indiana. We serve clients all throughout the state.

BAF Corporation is Voted ‘Best of 2022 Indianapolis’ General Contractors

Posted on February 4, 2022 by bafcorp20

BAF Corporation is proud to announce that we have been given the ‘Best of 2022 Indianapolis” award for general contractors from the Indianapolis Awards Program! Continue below to learn more about the Indianapolis Awards Program, and how BAF Corporation was selected for this prestigious honor this year!

BAF Corporation - 'Best of 2022 Indianapolis' — BAF Corporation – ‘Best of 2022 Indianapolis’

The Annual Indianapolis Awards Program

The Indianapolis Awards Program is an important annual program that spotlights the achievements, contributions, and best practice commitments of local Indy businesses and organizations. Through prominent public recognition and enthusiastic support, the Indianapolis Awards Program rewards businesses and organizations that have demonstrated a significant effort to create programs that deliver economical advantages and lasting value for their staffs, clients, and surrounding communities. Specially, they assert:

“Each year, the Indianapolis Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Indianapolis area a great place to live, work and play.

The Indianapolis Award Program was established to recognize the best of local businesses in our community. (…) Our mission is to recognize the small business community’s contributions to the U.S. economy.”
The Indianapolis awards program

Here at BAF Corporation, we are so honored and proud to be the recipient of this special award under the General Contractors category!

A Family Owned General Contracting Business Devoted to the Indy Communities

At BAF Corporation, we are a local, family owned and operated commercial general contracting company founded on old-fashioned values of integrity, quality, and respect. Since 1997, we have been committed to the highest standards of excellence, aiming to set the bar higher in the building and construction industry. As is our fervent creed to deliver unparalleled service, so is our desire to make our community a priority.

Impact 100 Indianapolis Indiana — Impact 100 Greater Indianapolis

We have been active members of Impact 100 Greater Indianapolis for many years, which is an esteemed charitable women’s philanthropic committee devoted to granting high impact donations and contributions to nonprofit organizations and initiatives within our community, with a special focus on education, family, arts, environment and animal welfare, culture and preservation, and health and wellness. BAF Corporation owner and President, Barb Fleming, was once the President of the Board.

She also used to serve as the owner’s representative for Girls Inc. and is currently a board member of Outside the Box, which is an Indianapolis-based organization that works with young adults with developmental disabilities.

In the past, BAF Corporation has enjoyed working with the Village of Merici, a revered Fort Ben neighborhood for adults with developmental disabilities, and the Dove Recovery House, a rehabilitation program for women recovering from addiction.

Our Professional Achievements

In 2018, Owner and President, Barb Fleming, was featured in Indianapolis Business Journal in the 2018 Women of Influence segment. This article spotlighted her achievements as a successful, self-made Indiana businesswoman, describing how she founded a commercial construction company that has shown exponential growth since inception in 1997. Additionally, we are a Certified Minority and Women’s Minority Business Enterprise (WBE) Company with the city of Indianapolis and the state of Indiana.

BAF Corporation Commercial Construction Contractors Indianapolis

Learn More About Our Commercial General Contracting Services

Here at BAF Corporation, our mission is simple: to deliver superior general contracting and construction services for commercial and industrial clients in Central Indiana. All aspects of our company, from the staff we hire to our internal safety codes, systems, and procedures, have been carefully selected and developed to meet the specific needs of our clients and the surrounding communities.

If you are looking for a trusted and respectable commercial general contracting company to perform your business remodeling or real estate development projects in Indiana, we can make your vision a reality. Contact us at 317-253-0531 to learn more about our commercial and industrial general contracting and construction management services in Indianapolis, Indiana, today.

Top Building Remodels That Will Entice New Commercial Tenants

Posted on January 28, 2022 by bafcorp20

When you own a multi-unit commercial building, tenancy is critical to your bottom line. The goal, after all, is to acquire and maintain full occupancy, year-round. If you are struggling to keep commercial tenants, some fresh and trending building features may help to attract new ones, even better ones.

Continue below to explore some of the most effective building remodels and additions to consider if you are trying to lure in new commercial tenants, plus who to trust in Central Indiana for superior commercial remodeling work.

Corporate Remodeling Indianapolis IN 317-253-0531

How to Attract New Commercial Tenants Through Building Renovation

Your building is great, but it can be better. This day and age, there are many different approaches to designing the modern office, warehouse, and more. Some of the most revered and proven building features sought out by commercial tenants include on-site fitness centers and spas, snack and dining options, outdoor spaces, natural lighting, wireless coverage, and when applicable, elevators.

On-Site Fitness Centers

It is suggested by many industry authorities that commercial tenants are more drawn toward leases that include access to a gym, fitness center, or health spa. Many people work out, while many others enjoy wellness experiences like saunas and tanning beds. By offering these or similar amenities, you may be able to attract a much larger pool of potential commercial tenants.

Dining Options

Providing easy access to snacks, refreshments, and food is a great way to entice new commercial tenants to sign a lease. Consider adding break rooms or small kitchenette areas within your commercial spaces, or building a whole food court, café, or cafeteria. Vending machines for beverages, coffee, lattes, espressos, and snacks are also enticing.

Outdoor Areas to Work and Gather

No one likes to be stuck inside an office or building all day, especially when it is really nice outside. It is proven that employees are more productive when they can access outdoor areas for work, breaks, meetings, collaborations, and more. This is enticing to business owners looking for a commercial space to lease.

Natural Lighting

Although a dimly-lit space can look cozy and romantic, it is not a compatible ambience for a team of working employees. Natural lighting provides healthy, bright light that is not distracting for employees and guests. You can achieve this by installing larger windows, skylights, and a more innovative interior lighting system.

Wireless Coverage

If you have a particularly large commercial building, the wireless coverage may be spotty in some areas. Tenants have complained about no reception and dropped calls while walking from one location of the building to the next. You can prevent or resolve this problem by installing a distributed antenna system (DAS), which can improve your wireless coverage throughout the building.

Elevators

If your commercial building is only one level, this feature isn’t for you. But for commercial-use buildings with more than one floor or level, one or more elevators is extremely attractive to tenants. For larger buildings with multiple levels and higher occupancy, adding in an adequate number of elevators can improve time efficiency for employees, visitors, and clients.

Are you looking for superior commercial remodeling in Indy, but you are not sure where to begin? Contact BAF Corporation at 317-253-0531 for superior commercial office construction in Indianapolis, Indiana. We work with clients all throughout the state.

Facts About Commercial Contractor Accident Liability

Posted on January 25, 2022 by bafcorp20

Whether you are a landlord, building owner, or commercial real estate developer, it is important for you to understand commercial construction accident liability in the case that an unfortunate incident ever occurs during one of your appointed projects.

Continue reading to learn some important facts about commercial contractor accident liability, plus who to trust in Central Indiana for safe and superior commercial general contracting and construction services.

Construction Contractor Indianapolis Indiana 317-253-0531

Construction Safety Standards

When you are searching for construction companies in Indianapolis, it is important to keep a priority list on hand to ensure you are choosing the right commercial contractor for your project. A well-established and skilled commercial construction company will have the best internal safety codes, workmanship standards, industry acumen, and most importantly, sufficient insurance coverage, all of which protects all contributing and involved parties from accident liability and potential lawsuits. Essentially, hiring a trusted and experienced commercial construction and general contracting company is the secret to protecting yourself from any sort of problems with your project.

Contractor and Client Liability

In the case of an accident on the job site, whether bodily injury or property damage, it can be unclear as to who the liable party is. Let’s say a contractor falls off his ladder and breaks their legs. Is the contractor or client responsible for the subsequent hospital bills and related losses? Perhaps your builder accidentally drops a wrench and breaks your car windshield. Who is liable for the auto repairs? Maybe a subcontractor hired by the primary contractor is injured on the job. Who is liable then?

Here is what you need to know:

No matter if it was your contractor who suffered losses or yourself as the client, it is best if both parties are insured for such occurrences. However, most insurance policies do not fully cover serious injuries or property damages. So, it may be worth your time to research gap insurance coverage options.

Here is what you need to do:

Before moving forward with any type of construction work, check your insurance coverage. Identify details regarding injuries on your property. Be sure your commercial contractor is licensed and insured. You can request to see proof of their general contractor liability insurance, which they should have.

Their insurance policy should cover property damage, bodily injury, workers’ compensation, and any type of accident that involves the contractor’s equipment, like ladders and machinery. All hired subcontractors should be held to this same standard.

Are you looking for a trusted and respectable commercial general contracting company to perform your business remodeling or real estate development projects in Indiana? Contact BAF Corporation at 317-253-0531 for superior commercial construction services in Indianapolis and its surrounding counties.