Most estimates are prepared from plans and specifications, collectively known as “the contract documents.” These documents should provide the contractor with the necessary information to bid on the ...

The AIA announced that it has incorporated seven new documents into AIA Documents-on-Demand, bringing the total number of documents available through this service to 86. The latest addition to ...

The ConsensusDocs Coalition is offering the first standard contract document that addresses prefabricated construction. ConsensusDocs 753 Standard Prefabricated Construction Contract addresses the ...

Design-build contracts (and their lesser utilized counterpart—engineering, procurement, and construction (EPC) contracts) are prevalent in the construction industry. Though far from a new contractual ...

When negotiating construction contracts, attorneys often focus on the American Institute of Architects (AIA) A201-2017 General Conditions, a widely used standard in the industry. However, construction ...

The industry’s only AI-powered document compliance platform will go deeper to mitigate the biggest risks in construction contracts and project documents ATLANTA--(BUSINESS WIRE)--Document Crunch, the ...

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 ...

Daewoo Engineering & Construction is accelerating its digital transformation (DX) by introducing artificial intelligence (AI) across all construction sites. Beyond merely piloting technologies, the ...

A written contract documents an agreement between two parties under which both must perform. To form a contract, one party must make an offer to another party. If the second party accepts the offer, ...

The International Marine Contractors Association (IMCA) has published a variety of guides, templates and discussion documents aimed at raising awareness on contracting issues (including liability and ...

ATLANTA--(BUSINESS WIRE)--Document Crunch, the construction industry’s only document compliance platform, today announced it has raised $21.5M in Series B funding. The round was led by Titanium ...