Levelset

APRIL 15, 2022

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.

Insurance 52

Insurance Contractors Lien Claims 52

Best Practices Construction Law

NOVEMBER 21, 2019

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. For the contractors out there, Universal Concrete Products is a good reminder of the importance of drafting clear and unambiguous contact terms between the parties.

Contract 77

Contract Subcontracting Drafting Virginia 77

Construction Law Monitor

OCTOBER 30, 2013

Contractors who are getting licensed for the first time should consider contacting an attorney so that they can get protective language put in invoices, and properly drafted contracts. Other helpful documents include demand letters, lien waivers and filing of liens when payment is not received. Related articles.

Louisiana 51

Louisiana Contractors Lien Liability 51

Autodesk Construction Cloud

NOVEMBER 15, 2021

For this reason, construction professionals must find better ways to craft and negotiate agreements. The shifting of risk and liabilities is a very common practice when drafting contracts. First, there’s the prime contract, which is the agreement that sets the terms between the owner and GC. Make sense of your contracts.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Construction and Infrastructure Law

FEBRUARY 6, 2018

AB 1701 “does not prohibit a direct contractor or subcontractor at any tier from establishing by contract or enforcing any otherwise lawful remedies against a subcontractor it hires for liability created…” Accordingly, direct contractors across California should take a closer look at the terms of their agreements with subcontractors.

California 49

California Contractors Liability Employment 49

Construction Lawyer

MARCH 15, 2007

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. « Indemnity Agreement | Main. The AIA is planning to release a revised version of the major AIA documents (General Conditions, Owner-Architect agreements, etc.) mechanics liens. Buy hydrocodone.

AIA 40

AIA Plans Illinois Drafting 40

Construction Lawyer

NOVEMBER 8, 2007

You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. One subtle change in the new 2007 AIA documents involves the incorporation of the Rules of the American Arbitration Association into the agreement, assuming that arbitration is selected as the dispute resolution method.

AIA 40

AIA Documentation Agreement Illinois 40