Construction agreements come in many flavors, most of which are variations on two major themes ” “fixed price” (or lump sum) contracts and “cost-reimbursable” contracts. Understanding the basic themes ...

The purpose of a construction contract is risk management. As any construction professional knows, the construction business is inherently risky. There are three main types of loss in any construction ...

This experienced panel of construction lawyers will discuss the most important risk allocation clauses in a construction contract from the compelling viewpoints of a construction project owner, a ...

Before starting any home renovation project, legal experts say homeowners should take the necessary legal precautions to avoid costly disputes. That starts with a solid construction contract. “A ...

(Editor's note: This is the second of a two-part series on residential construction contracts. Part one ran on Oct. 1.) Drafting a contract is never fun. Reviewing one is often even less entertaining.

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 ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on the 4 major types of procurement in the ...

The implementation product of this research study will be a contract time estimating tool that provides state transportation agencies the flexibility of estimating contract time across a broad range ...