Types of Owner Agreements: Owner's Rep, CM as Agent, CM at Risk, GC at Risk, & Owner/Architect In this seminar, a panel including experienced construction attorneys will provide a practical ...
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 ...
Surety construction bonds are a fact of life if you work in the building industry. Government projects and much private-enterprise construction require you take out a surety bond to get the job. This ...
Construction is an industry with a long history that stretches back thousands of years. Over time, the industry developed its own specialized language. Indeed, the “Oxford Dictionary of Construction, ...
In these types of contracts construction is paid upfront, often with a loan, and then the payments are made overtime with savings that the upgrades create. The contractor overseeing the construction ...
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 ...