NEWS

Private Plan Review and Third Party Inspection

Pursuant to HB 493 (2019), O.C.G.A. 8-2-26(g) allows for private plan review and inspections for residential building permits.

Local permitting authorities have 30 calendar days to complete plan reviews and 2 business days for inspections.

If the local permitting authority can complete the plan review or inspection within the state-mandated deadline and the applicant still wants to use a qualified third party, he or she may do so, provided they pay a convenience fee to the local government equal to what would have been normally required.

If the local permitting authority cannot complete the plan review or inspection within the state-mandated deadline, the applicant shall have the option of retaining, at its own expense, a private professional provider. In this scenario, the applicant would pay the local permitting authority no more than fifty percent of the required regulatory fee.

Furthermore, the private professional provider shall be empowered to perform any plan review or inspection required by the governing authority of any county or municipality, including, but not limited to, inspections for footings, foundations, concrete slabs, framing, electrical, plumbing, heating ventilation and air conditioning (HVAC), or any and all other inspections necessary or required to determine compliance with all regulatory requirements and for the issuance of a building permit or certificate of occupancy by the governing authority of any county or municipality, provided that the plan review or inspection is within the scope of such private professional provider’s area of competency. Only a local governing authority shall be authorized to issue a certificate of occupancy.

Follow the links below to see lists of private professional providers:

https://www.aiaga.org/advocacy/listing/

https://www.acecga.org/groups/GroupRoster/qualified-engineering-architecture-firms-for-inspections-1300

Builders Insurance Group Declares 22nd Consecutive Dividend

Builders Insurance GroupDividends paid since 1997 total more than $51.5 million.

Builders Insurance Group recently announced that member company Builders Insurance (A Mutual Captive Company) will distribute its 22nd consecutive annual dividend payment to its qualifying Georgia policyholders in the second quarter of 2018. This year’s dividend of approximately $1,000,000 brings the total dividends paid to more than $51.5 million.

“On behalf of the Board, our leadership team and the dedicated employees of our Company, I am pleased to continue our outstanding dividend track record for another year,” said Allen Richardson, Chairman of the Board of Directors for Builders Insurance Group. “Policyholders who demonstrate the highest standards of safety and who remain loyal to us will once again experience the unmatched benefits of partnership with Builders.”

“Despite one of the worst financial downturns to impact the economy a decade ago, our financial results have continued to exceed our expectations at every turn and last year was no exception,” added Patrick Mitchell, President and Chief Executive Officer. “We will continue forward with strategic initiatives and careful fiscal management that serves to further strengthen our foundation for future growth. Our focus will remain on people – our valued policyholders, agents and employees.”

To be eligible to receive a dividend, a Georgia policyholder must have maintained continuous coverage with Builders Insurance (A Mutual Captive Company) since December 31, 2014 and must have an acceptable loss ratio. In addition, the policyholder must have maintained membership in a sponsoring association and be without any unresolved receivable balances.

More than 20,000 policyholders in residential and light commercial construction as well as a variety of non-construction fields rely on Builders Insurance Group to protect their most important assets – their people and property. Founded in 1992, the company has evolved into a dynamic, financially secure and dedicated partner with a philosophy of providing outstanding products, backed by exceptional customer service and easy-to-use technology solutions. Headquartered in Atlanta, the company delivers innovative Workers’ Compensation, General Liability, Property, Umbrella and Builders Risk insurance through independent agents. Builders Insurance Group and all of its member companies are rated “A” (Excellent) IX by A.M. Best Company. For more information, please visit www.bldrs.com.