The Importance of Construction Contracts and Items to Consider When Preparing Construction Contracts
It's important for parties entering into any significant economic transaction to have written contracts. This is especially true for construction projects which are, by their nature, complicated. A ...
Not paying attention to key contract clauses about notice, documentation and change order procedures is a sure way to watch your profit dwindle. At the end of the every job (when it’s too late to do ...
“Substantial completion” is an important, but often overlooked term in construction contracts. It is significant because it is often used as a trigger in construction contracts for a number of ...
Unexpected devastating weather events such as hurricanes, tornados, earthquakes, fires and other natural disasters can strike at any time, leaving construction projects in disarray. While Mother ...
The U.S. Air Force has awarded 13 companies positions on a potential $15 billion firm-fixed-price, multiple award contract to provide construction services for the Air Force Civil Engineering Center.
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 ...
Locating, bidding on and fulfilling a government construction contract is significantly different from the process in private sector construction jobs. Small construction businesses can count on heavy ...
The U.S. Navy selected 10 contractors to compete for work under a $15-billion indefinite delivery/indefinite quantity multiple-award construction contract Sept. 10, and separately selected five firms ...
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