Getting paid on a construction project in California is complicated, and no two construction jobs are alike. Whether you’re an honest construction business that’s struggling to get paid, or a...
All residential contractors working in Maine should be aware that all of their contracts must be writing under the Maine Home Construction Contract Act. A violation under these provisions can...
Cost plus contracts can be tricky. It requires a fair amount of documentation and detailed invoicing, to be sure the contractor isn’t taking advantage of the customer. Failing to do...
A dispute over change orders has led to a multi-million lawsuit between Austin-based HVAC contractor Dynamic Systems Inc. and Skanska USA, the Swedish construction firm’s American arm. Skanska, a contractor...
Getting paid on a construction project can be cumbersome. Not only do contractors have to deal with some of the longest payment delays of any industry in the world. They...
The American Institute of Architects (AIA) is one of the largest professional organizations in the design and construction industry. They create and sell documents commonly used in construction projects, including contracts, payment...
You may not even know it, but you could be forced to settle your next construction payment dispute through arbitration. Arbitration clauses are included in most construction contracts these days,...
Construction contracts (and contracts in general) are full of lengthy, misleading clauses and provisions. One notoriously misunderstood provision is what’s known as a call back warranty. There are a lot...
Excessive scope creep will hurt profit margins and give rise to payment disputes, so keeping the scope of work under control should be a priority.
By using the completed contract method for construction accounting, businesses benefit from tax deferment. It won't be an option for all projects, though.