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Protect the Bottom Line With a Price Escalation Clause
If you expect taxes on your construction company to be filed a specific way for 2024, you may want to double-check your research and development expenses. A price escalation clause can be inserted into any contract as a way for subcontractors or contractors to recover some or all of materials cost increases on a project.
Recommendations and Drafting Considerations for Construction ...
Set clear expectations and avoid disputes when drafting a contingency clause by considering the contingency amount, what can be charged, the approval process and what happens to unused funds.
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The Right Endorsement: Additional Insureds - Construction Executive
Sep 20, 2018 · The Right Endorsement: Additional Insureds. Adding other parties as an additional insured on a general liability policy is popular. ISO’s versions of the standard endorsements, CG 20 10 and CG 20 37, are not always advantageous to additional insureds, especially in construction. Christine Cowan, CIC, CRIS, ARM, is an Account Manager in the ...
Construction Executive's 2020 The Top 50 Construction Law Firms™
Read the full article on "The 2020 Top 50 Construction Law Firms™: Navigating the Industry Through a Pandemic". Methodology for The Top 50 Construction Law Firms™. CE developed The Top 50 Construction Law Firms™ ranking by asking hundreds of U.S. construction law firms to complete a survey.The data collected included: 1) 2019 revenues from the firm’s construction practice; 2) number of ...
Outrigger Pad Basics to Help Crane Users Mitigate Risks
Mar 8, 2021 · Fully Charged: Innovations in Battery Technology. Innovations in battery technology are making construction equipment lighter, more efficient and easier to handle—all while reducing downtime and easing strain on valuable workers. Increased awareness of standard setup guidelines can help crane users to mitigate potential risks.
2024 Is the Year for Autonomous Robots in Construction
Jan 31, 2024 · 2024 Is the Year for Autonomous Robots in Construction - Construction Executive. Technology. 2024 Is the Year for Autonomous Robots in Construction. Robotics for construction are only getting better. This should be the year you integrate them into your company's operations. By Giri Baleri.
The Best Laid Plans: Contingency in a Construction Contract
Aug 10, 2021 · The Best Laid Plans: Contingency in a Construction Contract. Having contingency funds set aside to cover the unexpected allow projects to continue more efficiently. Joshua Levy is co-leader of Husch Blackwell 's Construction & Design Group, and has represented clients for more than 25 years in construction disputes and claims.
Substantial Completion Defined - Construction Executive
Substantial completion can be defined in the contract as the date the certificate of occupancy is issued, the date the owner occupies the property, or the certified date of substantial completion. Patrick Barthet is founder and principal of The Barthet Firm, a 12 lawyer construction practice which has been serving South Florida’s construction ...