Construction contracts are essential in the construction industry, governing the relationships and responsibilities of all parties involved in a project. Whether you’re a contractor, subcontractor, or ...
Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look further ...
A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...
Each policy type is tailored to address specific areas of risk, ensuring comprehensive protection for both contractors and project owners. While construction insurance covers many risks, it may not ...
Is Substantial Compliance With a Contractual Notice Provision in Construction Contracts Good Enough?
Claim notice provisions in construction contracts are common. In fact, many standard form construction contracts usually contain these types of provisions. These provisions are often implicated as the ...
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Concrete Contractors Should Understand the Different Types of Insurances Available in Construction Contracting Insurance is one of the most overlooked yet consequential aspects of construction ...
The General Services Administration is foot-stomping one of the main goals of the Revolutionary FAR Overhaul: give more flexibility and authority to contracting officers. Jeffrey Koses, GSA’s senior ...
On a major building project or any project that starts work before all the design is completed and the trades are purchased, the best project delivery system is the cost-plus-a-fee contract, also ...
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