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Home » Topic » Legal and Regulatory

Hold Harmless and Indemnity Provisions: What Did I Agree to Do?

by Jeffrey Cavignac | Apr 19, 2019
Contracts | Insurance | Legal and Regulatory | Risk | Risk Management | Safety

Indemnity provisions usually include a requirement to hold harmless and defend another party. Generally, the upstream party tries to shift risk to a downstream party. Just because indemnity is legal doesn’t mean it’s fair.

Florida Bill Brings Transparency to Permitting Process

by Nick Steingart | Apr 17, 2019
Legal and Regulatory | Legislation

In the opening month of the Florida legislative session, H.B. 127 passed both chambers with unanimous support.

The Tension Between State Payment Statutes and Contractual Forum Selection Clauses

by Amy Mathieu | Apr 16, 2019
Contracts | Dispute Resolution | Legal and Regulatory

State payment statutes may bar contract terms requiring disputes on in-state projects to be litigated in other states. A Pennsylvania court ruled that the contractual forum selection takes precedence over the state provision.

How Performance Bonds Work in Construction

by Todd Bryant | Apr 13, 2019
Dispute Resolution | Legal and Regulatory | Surety Bonding

A performance bond guarantees a contractor's performance under a contract. Here’s an overview of why they are required and how they work.

Fair and Open Competition Act Introduced in Congress

by Joanna Masterson | Apr 3, 2019
Legal and Regulatory | Total Human Health

Rep. Ted Budd (R-N.C.) and Sen. Todd Young (R-Ind.) introduced the Fair and Open Competition Act (H.R. 1858/S. 907), which prevents federal agencies and recipients of federal funding from requiring contractors to sign project labor agreements as a condition of winning federal or federally assisted construction contracts.

‘Right-to-work’ Prohibition Signed Into Law in New Mexico

by Nick Steingart | Apr 3, 2019
Legal and Regulatory | Legislation

New Mexico Gov. Michelle Lujan Grisham signed into law H.B. 85, which bars counties, municipalities and other political subdivisions of the state from prohibiting union security agreements in their areas of jurisdiction.

England’s Carillion Collapse Forces a New Global Surety Standard

by Steven Raffuel | Apr 2, 2019
Legal and Regulatory | Surety Bonding

In many countries, only 5-10% of contract value is covered in event of loss or default. In the U.S., surety bonds prevent disaster from happening in the first place but if a loss occurs, cover 100% of contract value.

Chicago Overhauls 70-Year-Old Building Code

by Joanna Masterson | Apr 1, 2019
Legal and Regulatory | Regulations

Chicago Mayor Rahm Emanuel and the Department of Buildings presented city councilmembers with the first major update to the building code in 70 years to better align construction requirements with up-to-date model codes and national standards.
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