We have contractor clients all over the country and one of the first questions we get when we talk about their contracts is, “I am not sure it is up to date.” Now there are a few different ways we consider this question. Let’s look at why it’s important to have an...
The construction industry has traditionally been male-dominated, but times are changing, and more women are breaking through the barriers to pave the way for future generations. As we celebrate Women in Construction Week from March 5 to March 11, it is important to recognize and celebrate the contributions of women in the field.
The devastation caused by Hurricane Harvey sent the construction industry in affected counties into a tailspin as construction professionals struggled to keep up with demand. Unfortunately, as builders and contractors attempted to regain equilibrium, many found...
In our previous blog article, about we learned about the two types of contingent payment clauses, the pay when paid vs pay if paid clauses. In this blog article, we will discuss the ways to fight each type of clause if you should find that you have already executed a...
Inclement weather and natural disaster creates a plethora of business opportunities for contractors in the State of Texas. After property has sustained damage as a result of water, inclement weather or natural disaster, many property owners seek reimbursement for the...
So, you’ve landed a stellar new contract, your crew and equipment are ready, and the weather is ideal to begin the work. All you have to do is sign the contract documents. You’ve done it a million times before, so you know what you’re getting into, right?
General contractors utilize subcontract agreements to protect their interests and shift risk downstream to subcontractors. They accomplish this end by including powerful contract clauses that provided little escape from harsh outcomes if the project does not unfold as planned. One such clause is the contingent payment clause, also known as “pay when paid” or “pay if paid” clauses, which obliges a subcontractor assume the risk of the owner’s failure to pay.
One of its biggest drawbacks of our court system is the lengthy resolution to disputes. Attorneys looking to bring about a speedy judgment for their clients have increasingly relied upon arbitration. But at what cost?
Generally speaking, it is a good business practice to have all of the essential terms between the parties to be put into a written agreement before the work starts. But, in a situation such as the aftermath of a hurricane, that may not always be possible to do...
In this article, we cover five questions contractors and subcontractors should ask before entering into a construction contract.