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Construction Law: April 2024

Construction Law

Legal terms explained Kyle Melville of Herbert Smith Freehills LLP explains what is meant by Scott Schedules. Legislation state of play table Our regular update on the progress of regulations and legislation affecting construction and procurement compiled by Alignment Media. Guest editor Retentions – time to say goodbye?

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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. A surety bond is a contract between the following three parties: • Principal – The construction company or individual seeking the bond.

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Buying a LEED Certified Building Is Easy But.

Green Building Law Update

LEED gave us the technologies and methodologies revolutionizing the way we construct and occupy buildings. That being the case, then why has the GBCI Change Of Owner Agreement been uploaded into LEED Online only 700 times since February 2015? And there are many good reasons for purchasing a green building that is LEED Certified.

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Additional Insured Endorsements & How They Work in Construction

Levelset

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. In this article, we’ll explain additional insured endorsements, and how they work in construction. What is an additional insured? all of which operate differently.

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Last, but NOT Least: Why You Should Take a Closer Look at Your Next Indemnification Clause

Construction and Infrastructure Law

Indemnification clauses appear in nearly every agreement, but they are often overlooked as mere boilerplate provisions after the parties have painstakingly negotiated all of the other terms. Indemnification clauses are arguably the most important part of an agreement when an accident or dispute arises on a project.

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4 No-Brainer Workflows with Autodesk Construction Cloud Connect 

Autodesk Construction Cloud

Technology has undeniably improved operational efficiency across the construction industry. However, as construction companies rely on more and more advanced technology solutions that serve various teams and workflows, keeping them coordinated and in-sync can prove difficult.

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Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. A tort is a wrong act which requires legal action. It enforced that party who got affected to go for legal action.