NDAA Conference Report Contains Provisions Affecting Contractors
The conference report for the National Defense Authorization Act for fiscal year 2020 passed the House on Dec. 11 and is expected to be enacted into law.
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.
Three Things to Consider When Buying or Selling a Construction Company
When buying or selling a construction business, consider licensing issues and what assets transfer to the buyer and which will be disbursed to the seller.
Understand and Define Key Substantive Contract Provisions
Go into the next construction project understanding the meaning and impact of common construction contract provisions.
Understanding the Contractor’s Consent: The Hidden Dangers in a Common Form
When reviewing consent documents, contractors should keep an eye out for the following clauses, which can drastically affect their rights regardless of whether the owner actually comes to default on their loan.
Year in Review: DOL Continues Regulatory Overhaul in 2019
Following its first two years of substantial deregulatory efforts, the Trump administration’s U.S. Department of Labor ends 2019 continuing to reverse many of the Obama administration’s anti-growth policies and allowing businesses to thrive in a slower-growing, yet still favorable, economy.
Define the Forum and Scope of Recovery in Contract Disputes
Companies spend billions of dollars every year on construction projects. For these projects, time is money, and incorporating the most advantageous legal terms in the construction contract can minimize the number and extent of disputes, and ultimately save money.
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