Understand Notice Requirements to Ensure Compliance
Contractors should identify notice provisions applicable to each project and ensure compliance.
Subcontracts Are Broken
Subcontracts have high inherent risk and are extremely complicated. They should be written so everyone can understand.
Determining Owner’s Rights When the General Contractor Is in Bankruptcy
Can an owner rely on the provision that filing for bankruptcy constitutes a default under the contract?
Contract Disruptions: Navigating Supply Constraints and Labor Shortages
In the future, builders and owners want to be prepared for the unexpected—and should plan for contingencies that all projects will encounter.
Recommendations and Drafting Considerations for Construction Contingency Clauses Part III
Set clear expectations and avoid disputes when drafting a contingency clause by considering the contingency amount, what can be charged, the approval process and what happens to unused funds.
Novation Agreements Under Federal Contracts
Government contractors contemplating a corporate transaction requiring a novation should approach the government customer as early as possible. Ideally, significant details of the novation can be worked out between the government and contractor before closing.
FAR Goes Beyond the A/E Firm to Affect Contractors
Contractors that understand the complexities of working with government entities can have profitable opportunities. The key identifying allowable and unallowable costs, which will assist in maximizing the overhead rate.
Insurance Rates: What to Expect in 2022
As insurance underwriters become more selective and add restrictive endorsements, contractors should negotiate terms before renewal or find a broker who understands the market and construction.
