Those familiar with the construction industry know that construction projects are seldom, if ever, completed within the time originally anticipated at the project’s outset. Fortunately, prime ...
Payment provisions sit at the heart of every construction contract. The Housing Grants, Construction and Regeneration Act ...
As an initial primer: tariffs typically work as a tax, charged on goods purchased and imported to the United States from a foreign country. The tariff is charged as a percentage on the price paid for ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
The summer of 2021 was a time of high anxiety when many contractors faced surging steel prices and lacked the protection of contract material price escalation clauses. Remember 2019? That’s when ...
Most construction contracts fail to address AI use. Traditional forms—AIA, ConsensusDocs, FIDIC—were not written for a world where autonomous systems influence design or execution. Without updated ...
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