Good Faith and Fair Dealing: The Essence of Construction Agreements

Constructonomics

The aggressive and overzealous use of the contract in order to gain advantage to one party violates the one thing that allows agreements between multiple parties to function and exist – Good Faith And Fair Dealing. Everybody loves to get hung up in contract language.

5 Steps to building service agreements

Constructor Magazine

Few residential plumbers offer service agreements. read more. Marketing Michel Registered User

Risk Allocation: What AIA's New Standard Form Agreements Say

ENR Construction

The new AIA standard form agreements take a more expansive view of risk allocation

Caterpillar & Seeing Machines Sign Global Agreement

Construction Equipment

an operator monitoring and intervention sensing technologies and services firm, signed a global product development, licensing and distribution agreement with Caterpillar Inc. Seeing Machines Ltd.

Cat Signs 5-Year Agreement with Chinese Energy Corp

Construction Equipment

. . China Daily reports Caterpillar and China Energy Investment Corp signed a five-year strategic cooperative framework agreement in Beijing on Wednesday.

Deals 13

Project labor agreement mandates inflate cost of construction 13%

BD+C

A study released today by

GM & Navistar Reach Commercial Vehicle Agreement

Construction Equipment

and Navistar reached a long-term agreement to develop and assemble future medium duty, conventional cab Class 4/5 commercial vehicles. General Motors Co.

Ohio 25

U.S., Canada, and Mexico finalize agreement to recognize architect credentials

BD+C

Representatives from the architectural regulatory authorities of United States, Canada, and Mexico have announced a major agreement to mutually recognize architect credentials in the three countries, making it possible for architects to work across North American borders.

Viewpoint: Arbitration Agreements Can Create Uncertainty in Construction Contracts

ENR Construction

We have all heard many times that arbitration is a contractual or consensual process

Volvo CE, K-Tec Earthmovers Sign Agreement

Construction Equipment

have signed an agreement to promote efficient methods of earthmoving worldwide. Volvo CE and K-Tec Earthmovers Inc. A Volvo articulated dump truck (ADT) pulling a K-Tec ADT Scraper is recognized as an approved advancement in the construction and mining industries.

Major agreement reached on commercial AC/furnace regulations

Constructor Magazine

The new standards will save almost 15 quadrillion BTU (quads) of energy from more efficient equipment shipped over the next 30 years. read more. Business Development

IFC, Cobie & Why the Autodesk / Trimble Interoperability Agreement Won’t Matter

Building Information Management

IFC, Cobie, Masterformat, Uniformat, Omniclass are standard data architectures critical to efficient construction delivery. That said, common terms, definitions , and data architectures are just one of several components of collaborative LEAN construction delivery.

Topcon Announces Integration Agreement With Volvo CE for 3D-MC Excavation

Construction Equipment

Topcon Positioning Group and Volvo CE announce the companies are working together to establish a Topcon 3D machine control (3D-MC) solution.

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

Why Sell Service Agreements? Service agreement holders are more likely to be clients that add more value to your construction company because they represent the most loyal segment of your customer base. Every service agreement customer represents a future work.

NSF International and ASHRAE sign agreement to advance knowledge of building water health

Constructor Magazine

NSF International and ASHRAE will work together to develop a new standard to address concerns such as Legionella.

Caterpillar Enters Marketing Agreement with Lefort for Hyrdaulic Shears & Balers

Construction Equipment

and Lefort North America LLC entered into an exclusive marketing agreement for supply of Lefort hydraulic shears and balers commonly used in scrap metal recycling. Caterpillar Inc.

Global Implications Of Brexit, NAFTA Negotiations Analyzed At LiveXchange

Business Facilities Blog

Industry experts, economic developers and site selectors debated the uncertain future of free trade agreements at Business Facilities' 13th Annual LiveXchange event. Event News Featured Ports & Free Trade Zones Site Selection Billy Demong brexit Business Incentives Capital Investment Economic Development Expansion free trade agreements LiveXchange NAFTA

LiveXchange Executive Conference Presentation: The Global FDI Outlook: Turmoil Ahead?

Business Facilities Blog

move away from free trade agreements. Corporate Real Estate Event News Featured Foreign Direct Investment International brexit Courtney Fingar event export trends fDi Magazine foreign direct investment free trade agreements LiveXchange LiveXchange-2017 NAFTAThis Business Facilities LiveXchange session featured an incisive discussion about the seismic changes in international trade that are looming in the wake of Brexit and the U.S.

Site 19

US, Canada to Keep Trying to Reach Lumber Agreement

ENR Construction

During standstill period ending Oct. 12, the two sides will refrain from filing trade complaints against each other

Economical Litigation Agreements: Can We Learn to Reduce.

Best Practices Construction Law

Last Chance

Buisness Facilities Contributed Content

Last month, on Earth Day, the United Nations staged a touchy-feely signing ceremony for the Paris climate accord, an agreement reached by 175 nations in December that aims to curb the relentless rise of man-made carbon emissions and keep average global temperatures from increasing more than 3.6

Supply Chain Reaction

Business Facilities Blog

Canada and Mexico sat down this week in Washington to begin the arduous task of renegotiating the 24-year-old North American Free Trade Agreement. Trade representatives from the U.S.,

ConsensusDocs releases first standard agreement for commissioning contracting

BD+C

ConsensusDocs has released the 820 Owner and Commissioning Authority Agreement. The new standard contract provides a contractual vehicle for owners to save significant money from operation and maintenance costs regarding energy performance. The ConsensusDocs 820 also establishes the rights and obligations of the professional who will serve as the Commission Authority. read more. Standards Codes and Standards

Do Project Labor Agreements Restrict Competition?

Green Building Insider

By Bruce Jervis Project Labor Agreements are controversial. These are pre-hire agreements between a general contractor or a construction manager and a designated collective bargaining representative for all labor on the project. Is it not disingenuous to say that project labor agreements have no negative effect on non-union contractors? Or, is the impact minor and offset by the benefits a Project Labor Agreement can bring to a large public project?

Donaldson Enters Binding Agreement to Acquire Partmo

Construction Equipment

. . Donaldson has entered into a binding agreement to acquire Industrias Partmo S.A., a manufacturer of replacement air, lube and fuel filters in Colombia.

Do Joint Check Agreements Cause Unexpected Problems?

Green Building Insider

By Bruce Jervis Joint check agreements are used when a party down the contracting chain has payment concerns regarding the party with whom it has contracted.

Collaborative Construction Blog: IPD. Why so slow?

Collaborative Construction

Collaborative Construction Resources, LLC helps owners craft IPD procurement strategies that enable them to acquire BIM enabled infrastructure from integrated teams and helps those teams craft, negotiate and implement integrated agreements. Sutter Health lead the way in California, ConsensuDOCS and the AIA delivered new generation form agreements to facilitate adoption and use of integrated agreements on projects and then the entire effort hit a wall.

Why Legal Agreements Matter

Collaborative Construction

The comment below was in response to another poster who mentioned the use of Design-Construct agreements used in Australia and New Zeland. The problem lies with traditional transactional legal agreements. Integrated and collaborative agreements are.

Still Figuring Schedule, Georgia Power Takes Over Vogtle Nuclear Project

ENR Construction

The utility reached an agreement to take over project management from Westinghouse

Viewpoint Acquires Dexter + Chaney

Construction Equipment

Viewpoint Construction Software announced today it has signed a definitive agreement to acquire Dexter + Chaney

AIA???s Updated Design-Build Documents Highlight Some Best Practices

Best Practices Construction Law

An AIA press release highlights the array of how AIA agreements seek to accommodate the various ways in which design build projects are delivered. The key document is, of course, the agreement between the Owner and the Design-Builder.

Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

Liquidating Agreement. Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. The Sloan court defines a liquidating agreement clause as a “process by which a general contractor may assert the claims of its subcontractors against the owner.” Do not confuse a liquidating agreement with liquidated damages.

Brexit/NAFTA: Beginning Of The End Of Free Trade?

Business Facilities Blog

move away from free trade agreements. Corporate Real Estate Daily News Event News Featured Foreign Direct Investment Site Selection Utah brexit Business Facilities LiveXchange Economic Development event export trends foreign direct investment Free Trade free trade agreements LiveXchange-2017 NAFTA site selection event

The Evolution Of The Global Supply Chain

Business Facilities Blog

Corporate Real Estate Daily News Event News Featured Foreign Direct Investment Logistics & Distribution Site Selection Utah Automotive Business Facilities LiveXchange Economic Development event global logistics LiveXchange-2017 site selection event Supply Chain Technology trade agreements

Two-Way Street

Buisness Facilities Contributed Content

is getting the short end of the stick from free trade agreements, losing jobs to overseas producers who flood America with subsidized imports. ” Philbin told our LiveXchange attendees that free trade agreements actually serve as an inducement for other countries to invest in the U.S.

Vacuum Power

Business Facilities Blog

Asia-Pacific Economic Development Featured Foreign Direct Investment Industry News International Logistics & Distribution Ports & Free Trade Zones Site Selection The Editor's Blog USA - Far West USA - Great Lakes USA - Great Plains USA - Mid Atlantic USA - New England USA - Rocky Mountains USA - Southeast USA - Southwest China Free Trade globalization NAFTA Obama Pacific Rim TPP trade agreements Trans-Pacific Partnership TrumpChina is poised to fill the void left by the U.S.

New Owner-Construction Manager Standard Agreement Expected to Provide Greater Clarity

Green Building Insider

If a new standard construction management agreement from the ConsensusDocs coalition lives up to its hype, there could be significantly less confusion of this sort in the near future. ” The ConsensusDocs 830 agreement and related exhibits will replace the current 801 Construction Management Agreement.