Within two weeks, the United States suffered two of the most devastating storms ever to hit American shores. For four days, Hurricane Harvey pelted Houston, Texas and the surrounding area with upwards of 40 inches of rain and 130 mph winds to destroy an estimated 40,000 homes, businesses and infrastructure causing nearly $200 billion in damage. Continue »
The Silver Spring Transit Center (SSTC) in Silver Spring, Md., is a local transportation facility, but became a nationally known project because of alleged defective design and construction.
North American Construction Dispute Values Drop in 2016 Global Construction Disputes Report Looks at Causes, Value, Length and Means of Disputes and Resolutions
With uncertainty reigning in markets around the world and construction projects more complicated than ever before, construction disputes are a major distraction that tie up key personnel and cash flow. Continue »
Get It Right or Lose Payment Rights: Navigating Bond Notices and Bond Claims on Construction Projects
A payment bond secures a subcontractor’s and a supplier’s right to get paid. If a job is bonded, payment is secured generally by the bond and not by the property. Continue »
Generally, when a contractor is required to build according to plans and specifications prepared by the owner, the contractor is not responsible for the consequences of design. Continue »
Stan Halliday from Travelers Bond & Specialty Products answered questions about Expedited Dispute Resolution (EDR) bonds and what the construction industry needs to know about them. Continue »
A public-private partnership, or P3, is a contractual agreement between a governmental entity and a private organization, typically a corporation. The contract can focus on many types of services or development but the most common are transportation and municipal infrastructure and construction of public facilities. Continue »
Frequently when negotiating construction contracts the focus is on the timing of payments, the scope and duration of the work and the associated risk transfer provisions. The project’s insurance requirements usually take the backseat. Continue »
Being a construction contractor means facing a lot of risks and difficulties. From the ongoing labor shortage to the language of contracts and the terms of insurance, the hurdles contractors need to jump through can be many. Continue »
When company disagreements get serious enough that lawyers are hired, the next step is often a lawsuit. But even when parties disagree so deeply that they’re headed to court, it’s still worth trying to agree on just one thing: to litigate the dispute in binding arbitration rather than court. Continue »
Are Certificates Listing a Construction Company as an Additional Insured Worth the Paper They’re Written On?
Owners and contractors often shift risk by requiring contractors and subcontractors to name them as additional insureds (AI) on commercial general liability (CGL) policies. Continue »
Beginning with a sound construction contract can have a significant impact on a firm’s profit, loss, reputation and overall ability to manage a project. Risk shifting is the contracting norm, and attorneys across the country scrutinize contract clauses when deciding which client will prevail. Continue »