article thumbnail

Phase l Assessments for Tenants are the Hottest Environmental Issue in 2020

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. In 2020, prospective tenants in commercial and industrial properties are now ordering a Phase I Environmental Site Assessment. 9601 et seq.,

Liability 156
article thumbnail

I Just Read my 1000th Phase I Environmental Site Assessment this Year

Green Building Law Update

The majority of our work in reviewing Phase I Environmental Site Assessments is for lenders across the country, much of that undertaken by a non law subsidiary of this law firm, but the fastest growing segment in this space, by far, is Phase Is for commercial tenants. In 2020, the state of the environmental industrial complex is strong.

Site 156
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. They also help to compensate for the lack of skilled workers.

article thumbnail

HRECs in a Phase l are Not Recognized Environmental Conditions

Green Building Law Update

I wrote a blog post in January about the huge expansion in the space, Phase I Assessments for Tenants are the Hottest Environmental Issue in 2020. It has been estimated there were more than 800,000 Phase Is completed last year in the U.S. while a poorly worded report can imperil the deal.

Liability 156
article thumbnail

Safe Site Check In’s Touch-Free, Paperless Check In and Health Screenings, Offer Post Pandemic Benefits

Construction Junkie

Although Safe Site Check In was released in June of 2020 with the pandemic in mind, the benefits extend beyond health screenings and contact tracing. The company told me that many of their clients, which extend from construction to residential and commercial to real estate, plan to use the system after a vaccine becomes widely available.

Site 79
article thumbnail

Housing’s Great Rethink: Workforce Development Takes Center Stage

Pro Builder

These exits weren’t just about compensation, either. In its fall 2022 report on Construction Labor, the Home Builders Institute (HBI) —the educational arm of the National Association of Home Builders (NAHB)—projects the number of job openings in the overall construction industry (encompassing residential, commercial, retail, industrial, etc.)

article thumbnail

#92:  Lost Profits and Waivers of Consequential Damages

NH Construction Law

But many commercial construction contracts provide for mutual waivers of consequential damages in the event of a breach. A commercial owner's lost profits will always be of the latter type. 2020 WL 4248507 (N.H. Normally both types of damages, if adequately proven, are recoverable in a lawsuit by the nonbreaching party.