Contract Finance Legal Resource 
Best Practices Construction Law
JUNE 15, 2022
Let’s cut to the chase—Virginia has joined 11 other states that have expressly prohibited “pay if paid” clauses in construction contracts. Many require more than just “pay-if-paid” language in the parties’ contract. Again, there are a lot of resources out there providing summaries on the current status of the law.
cnstrctr
JANUARY 4, 2020
A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. Lump Sum Contracts.
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Wolgast Corporation
NOVEMBER 28, 2022
These types of requests are common place in today’s world when an owner finances the construction of a building. The lien laws protect people that supply the resources to build a building. As a result, the owner now has a clouded title, which can put financing in jeopardy and cause an Owner to pay twice to satisfy the lien.
Green Building Law Update
NOVEMBER 4, 2018
The standard of care today has evolved such that in a contract of sale for a commercial building that is LEED Certified, the due diligence materials provided by the seller to the purchaser must include access to the LEED Online project registration or a copy of the entire LEED Online project file (that can be downloaded).
Job Order Contracting
MARCH 29, 2017
Best Practice Job Order Contracting. The DOD has long been recognized as the leader in best practice job order contracting. Thus while County, State, and Local Governments in general have a ways to go in deploying Best Practice Job Order Contracting, the potential benefit are certainly worth the effort. Note that for.
Viewpoint Construction Technology
APRIL 17, 2018
Identify the Contract. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. Two of the biggest things to keep in mind for contracts are: Whether collection is probable. Identify the Performance Obligations Within the Contract.
Job Order Contracting
NOVEMBER 7, 2017
Setting up a Job Order Contract Using Best Management Practices involves a mix of strategic and operational steps including a gap analysis of current and planned outcomes. . d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e.,
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