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Shared Savings Clauses: Contracting for Cooperation Rather Than Confrontation
More than two years removed from the first reported case of COVID-19 in the United States, the construction industry continues to cope with the pandemic’s lasting effect on the costs of new construction projects. These impacts include soaring constru...
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Big Changes May Be Coming to Davis-Bacon
The Davis-Bacon Act and the Davis-Bacon Related Acts (the “Acts”), and their corresponding rules circulated by the Department of Labor (DOL), propose the rules for the administration and enforcement of the Acts’ labor standards, which apply to federa...
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Understanding Insurance Terms in Construction Contracts
Construction contracts at all tiers usually include terms requiring certain types of insurance, and often contain related provisions about indemnity. This “boilerplate” can be important if a job goes south, so here’s a short explanation of some of th...
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Responding to a Crisis: How Human Resources Can Make Things Better, Not Worse
Just as unforeseen site conditions can test a contractor’s problem-solving skills, unexpected events can test a construction-industry employer’s crisis-management readiness. Crisis can hit at any time, and individuals involved in human resources are...
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Warranty vs. Correction Period: What's the Difference Between These Clauses?
Chances are that if you’ve ever read an industry-standard construction contract, you’ve noticed that for a period of time after substantial completion of the project (usually 12 months), the contractor is required to come back and fix any defective w...
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Construction Industry Groups Voice Frustration Over President Biden’s Pro-Labor Executive Order
Following recent attempts to secure his legacy as one of the most pro-labor presidents in U.S. history, President Biden now faces staunch opposition from construction industry trade associations who argue that his executive actions discriminate again...
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