ConsensusDocs vs. AIA: Which Contract Is Best for Contractors?
Which contract form, ConsensusDocs 200 or AIA A201, offers contractors more favorable a risk allocation?
To Arbitrate or Not, That Is the Question
Agreeing to submit all disputes to binding arbitration as opposed to litigation in court is a significant business decision that contractors should never take lightly.
The Secret to Lowering the Experience Modification Rate
The experience modification can have a significant impact on a company’s operations and profitability. A culture of safety and good claims management practices can keep the mod rate low.
Risk-Shifting Tactics for Construction Contracts
By understanding different contractual tactics, contractors can shift financial risk to other parties. Read the contract, get legal assistance and champion open communication and transparency.
The Insured’s Responsibilities in the Event of a Claim
Timely reporting of claims is critically important on all lines of insurance coverage, although terms such as "occurrence" or "time" may not be defined in the policy.
The Expansion of Potential Liability of Construction Managers and Consultants
There is a greater likelihood of lawsuits naming construction managers and consultants as defendants. The consequence of more claims has led to increased costs for legal expenses and settlements.
What Should Be in Every Construction Agreement
A detailed and coherent construction agreement on every job minimizes confusion, makes clear everyone’s responsibilities and reduces disputes. There are six key things to address in every construction agreement.
The Utility of Arbitration Agreements in the Construction Industry
The Epic Systems decision provided uniformity across the country and the assurance that arbitration and class waiver agreements will be enforced nationwide if properly drafted and freely executed.
