Pro Builder
AUGUST 17, 2022
Buyers Back on Top—Market Cooldown Boosts Negotiating Power. A more balanced market is putting buyers back into the driver's seat, and those who can still afford home purchases are backing out of deals and capitalizing on their bargaining power. of all homes that went under contract that month. Wed, 08/17/2022 - 10:41.
Best Practices Construction Law
MAY 7, 2014
The issue raises an important question: What should a contractor do during negotiations to allow for some “bargaining room” so as to avoid any appearance of filing a false claim? Owners often begins negotiations from the opposite end of the spectrum for the same reasons. Do not negotiate against yourself.
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Constructlaw
JULY 12, 2022
In the event … specific performance is not available … Purchaser may seek to recover from Seller out-of-pocket expenses incurred in connection with the negotiation and preparation of this Agreement … which shall be capped at … $250,000[.]” DonRob counterclaimed for breach of contract. million in Site improvements and other work.
Construction Enquirer
JULY 5, 2023
Electrical Contractors’ Association chief negotiator Andrew Hutchins said: “The last few years have been difficult, and it is beneficial to have some certainty at a time when the wider economy is unpredictable. The two-year deal for the industry also includes a 5% uptick in rates from 2025.
NH Construction Law
MAY 20, 2023
The Court relied on the general rule of contract law that “Where a promisor ‘prevents or hinders’ fulfillment of a condition which otherwise would have been fulfilled, ‘performance of the condition is excused’ and the promisor’s liability is ‘fixed’ regardless of the condition’s non-fulfillment.”
Constructlaw
JUNE 17, 2022
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.
HardHatChat
JUNE 23, 2015
Working with a commercial contractor on a negotiated-bid basis, as Englewood Construction does with long-term client American Girl, can minimize the likelihood you’ll hear “no” from your GC during the bidding process. As a national commercial contractor , we are first and foremost in the business of customer service.
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