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GA Court of Appeals Enforces Contract Clause, Excluding Liability for Incidental Damages Where Specific Performance Is Ordered

Constructlaw

(collectively DonRob) agreed to sell, and 360 Residential LLC, 360 Sugar Hill LLC, and 360 Capital Company LLC, (collectively 360) agreed to purchase 12 acres (Site) of a 37-acre parcel of property in Sugar Hill, GA (the Agreement). Between the Agreement date and the scheduled closing date, the parties’ relationship deteriorated.

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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. CL guides Limitation on liability Our latest Construction Law Guides series article from Claire Turnbull of DLA Piper looks at limitations on liability. Guest editor Retentions – time to say goodbye?

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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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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. An additional insured agreement allows a policyholder to extend their business insurance coverage to a specific third party. What is an additional insured?

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

2) The SOW must be updated before issuing the order to reflect the negotiated agreement’s details and to include significant quantities, methods of construction, quality levels, and the number of days to complete the work. (c) (b) Statement of work. (1) c) Limitations. (1) d) Distribution. c) Authorization and limitations. (1)

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What to Know About the “Contract” in General Contracting

Contractor Connection

A contract protects you, your budget, and your property, so make sure to consider the following as you negotiate your agreement: Licensing. Find out what the proper amount of liability insurance is for your area, and be sure that any contractor you hire has that coverage. Scheduling. Scope of work.

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Fraud as an Exception to the Economic Loss Doctrine: Changing Trends in Colorado and Tennessee

Constructlaw

The court first articulated the principle underlying the Economic Loss Doctrine: “[C]ontracting parties should be held to the ‘terms of their bargain’ and should ‘confidently allocate risks and costs … without fear that unanticipated liability may arise in the future.” As a result, Weitz repeatedly condensed the project schedule.