Payment provisions sit at the heart of every construction contract. The Housing Grants, Construction and Regeneration Act ...
“Substantial Completion” is a critical concept in construction contracts and one as to which parties often have contrary conceptions. Finding a definition of Substantial Completion acceptable to both ...
Who doesn’t want to have a detailed and coherent construction agreement in place on every job? It minimizes confusion, makes clear everyone’s respective responsibilities and should reduce disputes.
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
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 ...
When entering into a construction contract, it is important to understand and account for the differences between direct damages and consequential damages, as these differences can determine what ...
Most construction contracts fail to address AI use. Traditional forms—AIA, ConsensusDocs, FIDIC—were not written for a world where autonomous systems influence design or execution. Without updated ...
Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
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