Best Practices Construction Law
MARCH 18, 2021
The contractor claimed that the City breached its contract by supplying incomplete and inaccurate contract documents, which allegedly caused delays and a two-year extension to the project completion. million delay claim included approximately $2.3 In WDF, Inc. City of New York , No. 652478 (N.Y. (Mar. The contractor’s $15.7
Construction Cost Estimating
MARCH 11, 2015
THE ESTIMATING PROCESS FROM A TO Z Here in this cover story we are going to present you the basic details of the estimation. First, we have to download the estimating and budgeting spreadsheet. CUSTOMIZING THE ESTIMATING AND BUDGETING WORKSHEET This is an excel format of spreadsheet. A patience read is necessary here.
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Levelset
APRIL 15, 2022
When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. AOBs take the homeowner out of the claims equation. Setting up an AOB.
Green Building Law Update
MARCH 22, 2012
If the IRS were to determine that non-compliance occurred, then the Destiny USA project could have lost hundreds of millions of dollars in estimated tax breaks. Instead, the letter claims the developer was only required to make promises related to renewable energy and LEED certification in order to qualify for the bonds.
NH Construction Law
FEBRUARY 26, 2022
A CPM schedule identifies in logical sequence the tasks which must be performed in order to complete the project, assigning an estimated duration for each one. A task on the critical path is “critical” whenever a delay in its performance will delay the project’s ultimate completion.
Construction and Infrastructure Law
MAY 16, 2018
The exception provides that “[i]f a good faith dispute exists between the direct contractor and a subcontractor, the direct contractor may withhold from the retention to the subcontractor an amount not in excess of 150 percent of the estimated value of the disputed amount.” Code section 8814(c).
Construction Law Monitor
OCTOBER 26, 2010
Many experts believe that the AIA standard form contracts are drafted to protect the Architect. The contract documents should be drafted to protect this individual. This coalition is made up of contractor, subcontractor, owners, estimators and surety bond producers among others. ConsensusDOCS came about from a different premise.
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