Construction contracts are essential in the construction industry, governing the relationships and responsibilities of all parties involved in a project. Whether you’re a contractor, subcontractor, or ...
Although construction loan documents provide protections in favor of the lender as against the project owner, in this article, Kenneth Block and Stuart Rosen demonstrate the need for the lender to ...
Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look further ...
A model clause addressing climate-conscious waste management practices for a government construction project that government entities may incorporate into their own construction contract forms or ...
A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Jamie Swan explains how clear contract drafting is essential to avoid disputes over implied terms, while highlighting the limits of judicial intervention Construction contracts are fundamental in ...
Liquidated damages clauses are common in construction contracts and can create significant risk for contractors. They set a predetermined daily amount for late completion. Under common law and federal ...