Blog
Learn from the pros about risk-mitigation, document tracking, and more, with expert articles from Business Credentialing Services.
What Is OFAC?
The Office of Foreign Assets Control (OFAC) is a financial intelligence agency of the U.S. Department of Treasury that develops and enforces trade sanctions to support homeland security and foreign affairs initiatives.
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Vendor Screening: Know Who You're Working With
Vendor screening can help reduce your liability when taking on third-party subcontractors. Depending on your industry, OFAC debarment screening, EHS screening, financial screening, and legal screening may hold significant benefits.
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5 Steps for Thorough Tenant Screening
Thorough tenant screening includes creating tenant criteria, conducting pre-screening interview calls, collecting rental applications, running rental background checks, and following up with tenant references.
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More Articles from BCS
Your Complete Guide to Developing an Effective Risk Management Plan
Developing and implementing an effective risk management plan is essential to mitigating threats to your business. This comprehensive guide explains its importance, outlines techniques for identifying and prioritizing threats, and defines key concepts and checkpoints within this five-step process.
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Volatile Economy Calls for Better Risk Management Techniques
Identifying and analyzing potential risks, and strategizing for their reduction and avoidance, are critical to successful risk management. Several useful risk management techniques include: Certificate of Insurance Tracking, Safety Pre-Qualification, Regulatory Screening, and Vendor Credentialing.
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Limit Your Liability with Certificate of Insurance Tracking
BCS’ unique, three-step approach to certificate of insurance tracking provides the verification, security and peace of mind so essential to third-party risk mitigation.
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The Basics of Additional Insured Endorsements
Learn what an additional insured endorsement is and why it is so important when it comes to protecting your company from third-party risk.
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Insurance Cancellation Notices Part 2: Endorsement Enforcement
Basics of collecting and tracking Notices of Cancellation along with Certificates of Insurance from all of your company's vendors, tenants, and subcontractors.
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Insurance Cancellation Notifications Part 1: Is Notice Guaranteed?
Notices of insurance cancellation are not always guaranteed. It is important to collect Notice of cancellation endorsements to protect your company from risk.
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AIA Unveils New 2017 Insurance Exhibit
AIA forms now include a separate insurance exhibit, creating less vagueness and more understanding, and revamping contractual risk transfer in construction.
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