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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

In a recent case, Wollaston Industries v. Under Massachusetts law (like most states), in order to prevail on a claim for fraudulent inducement, a plaintiff must allege a false representation, material to the negotiations, upon which the plaintiff reasonably relied in entering into an agreement with the defendant. Mass) (Dec.

Lien 71
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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process. Retainage is up for negotiation Retainage is not set in stone.

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Georgia Construction, Bond & Lien Law Blog: Practical advice, even if you are outside of Georgia

Construction Marketing Ideas

The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Negotiate/Review Your Contracts. Virtually no one was left unscathed.

Georgia 48
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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Let’s meet in the middle.

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Construction Contracts: Mediation Is A Great Alternative To Litigation

Construction Law Monitor

” AAA Construction Industry Arbitration Rules and Mediation Procedures (pg 14). The construction industry is different. Each party negotiates some give and take until a compromise is reached. Maryland Court Addresses Arbitration or Mediation Clause Impact On Mechanics Lien Claims. Some disputes will never settle.

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What is Retainage in Construction?

Lets Build

Retainage is a long-standing practice in the industry that can make life challenging for construction workers. Retainage percentages and negotiations. You can also negotiate for variable retainage, which can work in a couple of different ways. Retainage and mechanic’s liens. But what can you do to get paid faster?

Cash Flow 147
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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Here both parties need to negotiate terms to better protect when a dispute arises. AIA – American Institute of Architects is the most common standard form contracts in the construction industry. Lien Waivers. Prime/Subcontractors Contracts. Typically subcontractors are at the mercy of the prime.