Construction agreements offer owners the opportunity to be proactive instead of reactive to market trends. With thoughtful ...
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 ...
Change in Law Clause: These clauses typically give the contractor the right to a change order for changes in law enacted ...
LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on the 4 major types of procurement in the ...
Surety construction bonds are a fact of life if you work in the building industry. Government projects and much private-enterprise construction require you take out a surety bond to get the job. This ...
We continue our discussion with Mark Oblad on his work within the contracts, smart contracts, and blockchain space in the second of a five-part weekly series. Not all types of contractual ...
On a major building project or any project that starts work before all the design is completed and the trades are purchased, the best project delivery system is the cost-plus-a-fee contract, also ...
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