article thumbnail

#135:  Unconscionable Arbitration Agreements

NH Construction Law

“An agreement to arbitrate may be unenforceable if pursuing a claim in arbitration is so cost prohibitive that it prevents a party from vindicating its rights.” ” With that opening sentence, the Texas Supreme Court in Lennar Homes of Texas, Inc. ” Id. at *3-4.

article thumbnail

Types of Construction Contracts and Their Comparison

The Constructor

There are different types of construction contracts and their comparison is presented in this article. A construction contract is an agreement.

professionals

Sign Up for our Newsletter

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

article thumbnail

2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

Project Procurement and Delivery Environment Comparison. All of the above are available within integrated project delivery (IPD) and LEAN job order contracting (LEAN JOC) frameworks and enabling solution sets. Sample Workflow. via 4bt.us. The post 2021 Facilities Repair Renovation and New Construction Cost Management appeared first on 4BT.

article thumbnail

New Mexico Takes a Big Step Toward Authorizing P3s

Constructlaw

On March 2, the New Mexico House of Representatives unanimously approved House Bill 213 , which would allow public agencies to enter into P3 agreements to facilitate public infrastructure and broadband projects.

article thumbnail

Improving Construction Planning, Procurement, and Project Delivery

Job Order Contracting

Clearly defined, roles, responsibilities and outcomes in written format (operating manuals and/or execution guides) and associated long-term multi-party agreements help to assure initial and ongoing consistent application of processes and associated workflows. Efficiency. Technology.

article thumbnail

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. A property owner and contractor can set up an assignment of benefits in two steps: The owner and the contractor sign an AOB agreement The contractor sends the AOB to the insurance company. The AOB agreements need to be in writing.

article thumbnail

Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

In addition to the wealth of documents already online, last week ConsensusDOCS released three new documents: The new and only available of its kind ConsensusDocs 298 Joint Venture Agreement makes it easier for construction companies to combine expertise and share risks on projects. D200–1995, Project Checklist.

AIA 48