Construction agreements come in many flavors, most of which are variations on two major themes ” “fixed price” (or lump sum) contracts and “cost-reimbursable” contracts. Understanding the basic themes ...
Construction contracts are essential in the construction industry, governing the relationships and responsibilities of all parties involved in a project. Whether you’re a contractor, subcontractor, or ...
We recently released a book titled “Home Remodeling for Dummies.” Chapter 10 is about construction contracts. It begins: “What literature about contracts would be complete without some mention of the ...
A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...
We recently released a book titled "Home Remodeling for Dummies." Chapter 10 is about construction contracts. It begins: "What literature about contracts would be complete without some mention of the ...
Each policy type is tailored to address specific areas of risk, ensuring comprehensive protection for both contractors and project owners. While construction insurance covers many risks, it may not ...
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 ...
We recently released a book titled "Home Remodeling for Dummies." Chapter 10 is about construction contracts. It begins: "What literature about contracts would be complete without some mention of the ...
Developers rushing to get projects off the ground can face significant risks without developing clearly defined indemnity clauses at the outset. Indemnity clauses, included in virtually all ...
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