Construction agreements offer owners the opportunity to be proactive instead of reactive to market trends. With thoughtful ...
In their Construction Law column, Kenneth Block and Stuart Rosen examine the concept of "unavoidable delays," i.e., a delay for which the contractor is not responsible and may be entitled to an ...
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 ...
Those utilizing modular construction techniques occupy a unique position that doesn’t fit neatly within traditional building industry models. Without first adequately communicating responsibilities on ...
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 ...
Lump-sum -- or fixed-price -- construction contracts now account for about half of all contracts in the U.S., according to industry think tank PSMJ Resources. Generally speaking, both sides favor lump ...
Projects in the sector require specialized labor from workers who often have temporary immigration status, which creates ...