Although construction loan documents provide protections in favor of the lender as against the project owner, in this article, Kenneth Block and Stuart Rosen demonstrate the need for the lender to ...
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 ...
Who doesn’t want to have a detailed and coherent construction agreement in place on every job? It minimizes confusion, makes clear everyone’s respective responsibilities and should reduce disputes.
The transition from checking architectural concepts to signing a formal residential construction contract is a major point in ...
A competitive contract is any contract that opens a bidding process, or competition, wherein the winning entity is awarded the contract. These types of contracts are usually awarded by public agencies ...
Whether you love them, hate them or this is your first-time hearing of them, the AIA form document set, created by the American Institute of Architects (AIA), are the most widely used forms in the ...
Contracts should be sent to OGC for review ONLY if they fall into one of the following categories: If you are unsure if your contract falls under this category, please reach out to OGC Contracts DO ...
The construction industry holds a prominent position among government contractors, securing numerous contracts from federal agencies. These contracts are awarded to construction companies responsible ...