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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

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Subtle (and Not So Subtle) Effects of COVID-19 on the Construction Industry

Constructlaw

Video conferences eliminate travel time and permit people to participate who would normally not be able to meet in person, due to distance or other commitments. One additional outcome of this, that everyone needs to understand from the very beginning of a project, is the need to document everything — absolutely everything.

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Green Building Data Risk as an Opportunity

Green Building Law Update

It is the unsophisticated who will encounter legal issues and be left holding the bag. A claim pending against a major U.S. When claims are made, including for negligent misrepresentation, by a buyer against a seller that data is not accurate, who is responsible largely depends upon the writings.

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10 Essential Types of Construction Documents

Autodesk Construction Cloud

Construction documents help keep your projects organized and guide the construction process from start to finish. Having access to these construction documents puts information into the hands of the right people at the right time, so decisions can be made quickly and action can be taken to finish projects on time and within scope. .

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Revised AAA Construction Rules Take Effect July 1, 2015

Best Practices Construction Law

The major revisions include: A mediation step for all cases with claims of $100,000 or more (subject to the ability of any party to opt out). Under the revised Rule 10, “…the parties shall mediator their dispute” where the claim or counterclaim exceeds $100,000.

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LEAN JOC Construction Improves Facilities Management Outcomes

Job Order Contracting

The Delivery Team has the legal duties of the constituent parties as outlined in their respective contracts. Process & Documentation. Where all documents complete, clear and complete? Did the Project, as initially proposed meet all regulatory requirements so that permits. were timely issued? Construction Quality.

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constructionattorneyblog: Limitation of Liability in new AIA Document

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Limitation of Liability in new AIA Document. of B103.