COI | Building Engines
Certificate of Insurance COI
Property management platforms provide you with a simple way to virtually mange your vendors on both the web and mobile devices, allowing you to interact with a vendor company, or specific vendor employee instantaneously.
If you’re trying to manage your buildings certificates of insurance using a spreadsheet and filing cabinet, KEEP READING! This blog is for you. With the pace of life in the 21st century, who has time to review the tenant and vendor COI spreadsheet to identify the expirations, reach out to your designated contact, follow up, […]
The operational risks to a commercial property are many – at every turn is an opportunity for a slip-and-fall, a hazardous material leak, an uninsured vendor, or… worse. To compound that, the expectations and legal requirements that property teams are not only required to do, but also need to do, to prepare for emergencies and protect themselves from liability are high.
What started with a spark is now a raging wild fire. And like any good fire, the only way to keep it burning is with the regular addition of wood to the flame. CRE tech is experiencing explosive growth and new tools and providers are hopping into the blaze almost monthly. We recently made a graphic to try to make sense of it all.
Certificate of insurance (COI) tracking is a vital risk-management activity. Without an efficient process and visibility into this critical area, you may needlessly expose yourself and your insurer to potential liability.
Recently my wife and I went on a shark diving trip. We departed from Fairhaven, MA and traveled about 90 minutes out to sea. After stopping at our destination, the captain threw out the chum and my wife and I got outfitted into our dive gear. We dove into the water to setup the finishing touches, and within seconds an eight-foot-long blue shark was less than 30 feet away from us.
Owners search for every possible opportunity to maximize the value of their properties. A growing number of owners recognize the potential in property and tenant management technology to help them achieve this goal.
We are concluding our celebration of National Preparedness Month this September by offering an Emergency Preparedness Kit to our network of friends and colleagues. The Kit enables CRE owners and operators to assess their level of readiness and take action to prepare for the unexpected.
Commerce Real Estate Solutions today announced the selection of Building Engines to replace a legacy system throughout their entire portfolio. The organization, which manages over four million square feet of commercial, retail and industrial property and is among the top commercial real estate brokerage firms in the Inter-mountain and Pacific Northwest region, wanted to significantly upgrade the level of functionality, reliability and service provided by their current operations management provider.
Another type of relationship is with your vendors. Making sure your vendor is top of the line is the first step in your blossoming relationship that cannot be overlooked. In these rapports, mystery loses its allure. According to a Buildings magazine article, Vet Your Vendors: Screening Steps to Ensure Your Vendor Is Top Notch, “more than 80 percent of companies conduct formal background checks on their full-time employees, but less than 20 percent do any type of screening of their vendors, supplies, and contractors.”