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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. Every service agreement customer represents a future work.

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Twists and Turbines — A New York Case Highlights an Owner’s Risk When Not Using Full-Wrap EPC Delivery

Constructlaw

CHA Consulting, Inc. , The New York State Thruway Authority (the owner) sued CHA Consulting, Inc. In conclusion — it is not uncommon for an owner to separately contract with the major players on a construction project, as opposed to entering a full-wrap EPC agreement, but such an arrangement presents certain risks.

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

Construction Law Monitor

Liberty Mutual Insurance Company (“Sloan”), the US Court of Appeals for the Third Circuit has an in depth discussion regarding some technical yet very important clauses found within many construction contracts between general contractor, subcontractors, owner and the surety. Brennan’s The Construction Contracts Book.

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Recent Decision Highlights the Potential Pitfalls in General Releases

Federal Construction Contracting Blog

the Court of Federal Claims reminds contractors to read claim release language carefully before executing any agreement or modification. The parties ultimately reached a settlement agreement regarding these claims. While these appeals were pending but before the execution of the settlement agreement, T.H.R. Enterprises, Inc. ,

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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being

Pro Builder

Construction Jobsite Safety: Strategies and Resources for Worker Well-Being. Consider these elements of a training and awareness program to save lives, mitigate injuries, and reduce liability and costs . More than half of that spending (56%) went toward safety education, a sign that construction remains a potentially dangerous job.

Safety 72
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#128:  Waivers of Subrogation

NH Construction Law

In commercial construction contracts the rationale for such waivers is to avoid litigation that could disrupt the construction process. The contractor and therefore the contractor’s liability insurer will be off the hook. And the insurer will have no say in the matter. Hook , 787 A.2d 2d 499, 503 (Vt. Hook , 787 A.2d

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Louisiana Court Enforces AIA Wavier of Subrogation to Preclude Carrier’s Recovery

Constructlaw

Myers Construction Corp., The appellate court explained that while subrogation provisions supplement indemnity provisions by shifting liability for the indemnified obligations, in the absence of an indemnity provision, the waiver of subrogation has nothing to supplement. 2700 Bohn Motor, LLC v. 3d 500 (La.