Construction Contract

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.

Liquidated damages are a good way to add more security and predictability to your construction contracts. However, enforceability of these clauses is not guaranteed.

Whether you need a written contract to be eligible for a mechanics lien depends on the state where you're located. Learn your state's requirements in this article.

A thorough set of construction specifications helps project participants understand what's expected of them and ensures customers get what they pay for.

A construction contract can include a multitude of documents. Understanding what these documents are and how they affect the agreement is vital for success.