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Six Ways to Control Rising Commercial Construction Costs

HardHatChat

Construction season is upon us, and you know what that means…rising commercial construction costs. The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. If there is one aspect of a commercial construction job worth extra investment, it is the planning and drawing stage.

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Phase l Environmental Site Assessment Standard Being Revised

Green Building Law Update

million commercial and industrial real estate transactions in the United States each year, so you need to be aware of the revised standard expected to be issued later this year. This is hugely significant because a Phase l Environmental Site Assessment is conducted in the vast majority of the 5.6 9601) and petroleum products.” The ASTM E50.02

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

Constructlaw

But two recent state-court decisions evidence a change in that trend: Both held that the Economic Loss Doctrine bars fraud claims because parties to a commercial contract — often sophisticated and represented by counsel — allocate risk, prescribe damages, and rely on the terms of the bargain. Commercial Painting Co.

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Updated Phase l Environmental Site Assessment is Published But.

Green Building Law Update

Some believe this tying of the consideration to “current” standards, as opposed to the regulator determination at the time the tank was closed, creates a Faustian bargain for the environmental professional, and will greatly limit the supremely valuable designation of HRECS. 9601) and petroleum products.”. It is a non-scope matter.

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Dispute Boards: An Approach to the Efficient Resolution of Disputes in the Construction Sector

Constructlaw

The owner, however, says the disputed issues are the contractor’s, not the owner’s risk. Moreover, because dispute boards are often engaged for the duration of the project, a party that decides to take an extreme position before the dispute board may risk losing credibility in the long run. [4]. Dispute boards also save time.

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What Is a Construction Punch List (And How to Improve)

Autodesk Construction Cloud

Paper creates massive inefficiencies and leaves construction team’s open to more risk and errors. If required, liability can be included in the contract in case a particular party does not complete their end of the bargain. The days of paper punch lists are over–or at least they should be.

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What Is a Construction Punch List (And How to Improve)

Autodesk Construction Cloud

Paper creates massive inefficiencies and leaves construction team’s open to more risk and errors. If required, liability can be included in the contract in case a particular party does not complete their end of the bargain. The days of paper punch lists are over–or at least they should be.