Diligent project management and change management can effectively control scope creep to preserve intended profit margins and prevent client miscommunications.
Significant Changes to AIA A201 That Contractors Need to Know About
The updated AIA A201 now requires the contractor to include dates of commencement of work, interim schedule milestones and substantial completion along with apportionment of work and time required for completion of each portion of work.
Don’t Drop the Ball: Managing Risk in P3 Contracts
Successful contractors know how to assess, manage and pass off risk in P3 projects. Three contractual provisions to watch out for and negotiate are bonding and insurance, indemnity and dispute resolution.
Florida Ranks First on Merit Shop Scorecard; Illinois Remains Last
Florida jumped to first place on ABC's 2018 Merit Shop Scorecard; Michigan saw the biggest improvement in its ranking; and California and Illinois were at the bottom.
Bidding in the Time of Tariffs
Bidding is critical to a project's success, especially as the threat of tariffs can destabilize material prices. In times of uncertainty, contractual risk-shifting is an effective technique to allocate and manage risk.
Liquidated Damages: A Dangerous Afterthought
Liquidated damages are a substitute for the “actual damages” an owner would otherwise be able to recover in the event of an unexcused project delay. They are intended to provide a measure of damages that otherwise would be difficult and costly to ascertain.
Indemnification: A Useful Tool for Allocating Risk in Construction Contracts
Indemnity agreements should ensure that the party intended to bear a certain risk is the one held responsible if that risk materializes.
The Hidden Price of Outdated Damage Prevention Laws: Part II
Advocating for updated damage prevention laws with state and federal legislators would significantly reduce the likelihood of incidents and increase economic growth as excavators become more efficient.











