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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.

Agreement 219
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LED, LSUS Form $3M Technology Cooperative Endeavor Agreement

Business Facilities

Read: LED, LSUS Form $3M Technology Cooperative Endeavor Agreement at BusinessFacilities.com. million Louisiana Economic Development grant will match $2 million from LSU Shreveport to grow technology careers.

Agreement 126
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Removing the Mystery from Indemnity Agreements

Construction Business Owner

The indemnity provision protects an owner or general contractor from exposure to liability if a loss occurs during construction. But if they're not structured properly, you could be at risk. Read all you need to know here. . .

Agreement 185
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Vermeer Enters Distribution Agreement with Bron

Construction Equipment

Vermeer announced today that it has signed a distribution agreement with Bron, allowing the group to sell its products through Vermeer industrial dealers worldwide. The agreement establishes Vermeer dealerships as the exclusive distributor for two of Bron’s tracked utility plows in the 200-HP (149…

Agreement 113
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Huh? Ugh! LOL: The Top Ten-tions of Construction Law and Contracts

Speaker: Matthew DeVries, Construction Law Attorney and National Blogger

The rights and responsibilities of parties involved in a construction project are mainly dependent upon the contract or agreement between them, and there is no better time than to review your contractual obligations to identify risk pitfalls, resolve tensions, and ensure success.

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NYC plans $1B buildout via project labor agreements

Construction Dive

The $270 million Willets Point redevelopment, part of an initiative that includes the city’s first soccer-specific stadium, could pave the way for an additional $50 billion in projects.

Agreement 145
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Komatsu Signs Agreement on Batteries for Electric Excavators

Construction Equipment

Komatsu has signed a collaboration agreement with Proterra to receive the supply of Proterra’s battery systems with the aim of having Komatsu electrify its small and medium-sized hydraulic excavators. Komatsu plans to advance the PoC (Proof of Concept) tests starting this year and enter commercial…

Agreement 104