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5 Legal Documents All Construction Business Owners Should Use

Construction Business Owner

Have you ever spent hours drafting a contract, only to discover that there is already a standard contract that would have worked well, or at least given you a good starting point? While there are several documents that contractors use regularly, there are also other lesser-known legal documents that owners may find useful.

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Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

District Court for the Southern District of Illinois recently enforced a partially executed agreement to arbitrate where the party that failed to countersign demonstrated assent through its acts and conduct. Spirtas countered that the TPA was not a valid and legally binding arbitration agreement because SGLC never countersigned it.

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Illinois Federal District Court Enforces Partially Executed Agreement to Arbitrate

Constructlaw

District Court for the Southern District of Illinois recently enforced a partially executed agreement to arbitrate where the party that failed to countersign demonstrated assent through its acts and conduct. Spirtas countered that the TPA was not a valid and legally binding arbitration agreement because SGLC never countersigned it.

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Have You Seen All the Contract Documents?

Construction Dive

By Bruce Jervis Many project owners, contractors and subcontractors use their own “standard” forms of agreement. Not surprisingly, these customized contracts tend to favor the drafting party. Sometimes, the other party never actually sees the document. The drafting party seeks to impose its terms through reference.

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Standard Arbitration Clause for Construction Contract

Constructlaw

The full document is available at [link]. The document details a Standard Clause providing sample language for the parties to a domestic U.S. or international construction agreement to agree to arbitration of disputes. Access full document (PDF). Accreditation: An extract from Thomas Reuters Practical Law.

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ConsensusDOCS Releases New Teaming Agreement

Best Practices Construction Law

ConsensusDocs released the new ConsensusDocs 498 Design-Build Teaming Agreement today, which provides a standard contract for parties desiring to form a team for the purpose of submitting a bid on a design-build project. Critical issues such as confidentiality, withdrawal from the team, and document ownership are included.

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How to Avoid Disputes in Construction

Construction Marketing

Having a gentleman’s agreement is the worst mistake you could ever make. You should actually draft an agreement that states what each party will do and the action that should be taken against any party that fails to comply with the laid out rules. Such documents include building permits and approval of the project plan.

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