Construction agreements come in many flavors, most of which are variations on two major themes ” “fixed price” (or lump sum) contracts and “cost-reimbursable” contracts. Understanding the basic themes ...
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 ...
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 ...
We recently released a book titled "Home Remodeling for Dummies." Chapter 10 is about construction contracts. It begins: "What literature about contracts would be complete without some mention of the ...
We recently released a book titled “Home Remodeling for Dummies.” Chapter 10 is about construction contracts. It begins: “What literature about contracts would be complete without some mention of the ...
Before starting any home renovation project, legal experts say homeowners should take the necessary legal precautions to avoid costly disputes. That starts with a solid construction contract. “A ...
This experienced panel of construction lawyers will discuss the most important risk allocation clauses in a construction contract from the compelling viewpoints of a construction project owner, a ...
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 ...