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 ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
A model clause addressing climate-conscious waste management practices for a government construction project that government entities may incorporate into their own construction contract forms or ...
Construction business proposals are used to help contractors get jobs and are used for bidding on request for proposals, or RFPs. All construction proposals have a similar structure, whether you are ...
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 ...
The purpose of a construction contract is risk management. As any construction professional knows, the construction business is inherently risky. There are three main types of loss in any construction ...
The U.S. Navy awarded a combined $990 million contract to 12 companies for the procurement of construction services in support of the Pacific Deterrence Initiative ...
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Most construction contracts fail to address AI use. Traditional forms—AIA, ConsensusDocs, FIDIC—were not written for a world where autonomous systems influence design or execution. Without updated ...
The General Services Administration has awarded Clark Construction a potential $524 million contract to build the Cybersecurity and Infrastructure Security Agency’s new headquarters at the St.