As an initial primer: tariffs typically work as a tax, charged on goods purchased and imported to the United States from a foreign country. The tariff is charged as a percentage on the price paid for ...
Those utilizing modular construction techniques occupy a unique position that doesn’t fit neatly within traditional building industry models. Without first adequately communicating responsibilities on ...
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 ...
The ConsensusDocs Coalition is offering the first standard contract document that addresses prefabricated construction. ConsensusDocs 753 Standard Prefabricated Construction Contract addresses the ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Approval of Pasadena Central Library construction contract spurs broader topic: hiring local workers
The need to support a stronger local workforce and create a pathway for future laborers overshadowed the Pasadena City Council’s discussion of a construction contract related to the city’s massive ...
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