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 ...

The history of U.S. construction contracts is marked by a growing emphasis on accountability and professionalism. Where builders once decided virtually every aspect of a project, they must now post ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

“Substantial completion” is an important, but often overlooked term in construction contracts. It is significant because it is often used as a trigger in construction contracts for a number of ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Rachel Leggett of Pinsent Masons shares her views on the risks associated with contract termination in construction. As the impact of Covid-19 continues to place financial and operational strains on ...

Your local city councils are still at it. Here's what's on deck tonight. Bentonville will vote on: 💧 A contract worth about ...

The Department of Defense said Tuesday the indefinite-delivery/indefinite-quantity contract covers a broad range of construction projects situated on and off military ...

The contract carries a maximum term of 96 months, with an expected completion date of September 2033, the Department of Defense said Wednesday. The awardees will compete for task orders supporting ...