The Situation: A recent ruling in MT Højgaard A/S v E.ON Climate & Renewables UK Robin Rigg East Limited by the UK Supreme Court gives guidance on construction contracts where the contractor ...
Payment provisions sit at the heart of every construction contract. The Housing Grants, Construction and Regeneration Act ...
As an initial primer: tariffs typically work as a tax, charged on goods purchased and imported to the United States from a foreign country. The tariff is charged as a percentage on the price paid for ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
Understanding Construction Contract Insurance Requirements: How to Avoid Costly Gaps and Legal Risks
It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...
Originally published by Matthew DeVries on Best Practices Construction Law blog. In construction contracts, parties attempt to use plain and ordinary words to describe their respective obligations. As ...
Certain construction contractors may be eligible to use the cash or completed-contract method of accounting for regular income tax. However, these taxpayers may also be liable for alternative minimum ...
Artificial intelligence is reshaping how construction firms manage risk, especially in the critical area of contracts. As the industry faces increasing pressure to reduce project delays and legal ...
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