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Home » Topic » Legal and Regulatory

Congressional Inaction Leads to Executive Orders on COVID Relief

by Peter Comstock | Sep 1, 2020
ABCs | Legal and Regulatory | Policy | Washington Update

As the COVID-19 health and economic crisis continues to impact businesses and communities throughout the country, Democrats and Republicans in Congress were unable to come to an agreement on a wide ranging deal meant to [...]

How to Write an Effective Claim Letter

by Mary Bacon | Aug 23, 2020
Dispute Resolution | Legal and Regulatory

A claim letter puts another project party on notice of a contractor’s claim for payment. An effective claim letter states why the contractor is making a claim, damages sought.

Recent Federal Court Decision Favors Class Action Defendants

by Amber Karns, Dan Pipitone | Aug 19, 2020
Dispute Resolution | Legal and Regulatory

Employers throughout the construction industry now have the ability to cite a precedent when seeking to avoid the burdensome legal expense and weight of a class action or collective classification.

Creating Efficiency in Capital Projects With the Power of Smart Contracts

by Peter Dumont, Michael Matthews | Aug 18, 2020
Business | Contracts | Legal and Regulatory | Productivity | Project Delivery | Risk | Risk Management

Smart contracts, backed by blockchain technology, can improve capital project payment terms, cash flow and trust along with eliminating contract leakage and freeing up working capital.

Topic 606: A Retrospective Review of Revenue From Contracts With Customers

by Robert Mercado, Christopher Sisk | Aug 13, 2020
Accounting | Business | Contracts | Finance

The most significant impact of Topic 606 on construction contractors’ financial statements relates to the presentation of contract assets and contract liabilities, and the disclosures associated with Topic 606. The recording of what is known as “the cost to fulfill a contract” is another area that has been affected.

Construction Contracts Need Amending Post-COVID-19 Shutdowns

by Richard P. Higgins | Aug 13, 2020
Business | Contracts | Legal and Regulatory | Project Management

COVID-19 is going to be here for a while. Contractors and owners need to amend contracts, as appropriate, to protect themselves from incurring unforeseen additional expenses. This should include a clause on when the project should be terminated or paused to protect the interests of both parties.

Best Practices for ESI Collection in Construction Litigation

by Kelley J. Halliburton | Aug 12, 2020
Dispute Resolution | Legal and Regulatory | Policy

The key to successful electronically stored information collection is to build a solid foundation before trouble arises with prepared policies and procedures in place.

Protect Employees From Sexual Harassment and Discrimination

by Anne Baggott, Benjamin Stringer | Aug 11, 2020
Human Resources | Legal and Regulatory

Sexual harassment and discrimination in construction is more prevalent than many executives are aware. Ignoring it endangers employee safety and cost a company time, money and reputation.
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