Fieldwire
AUGUST 14, 2023
Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long. BLOG How to Streamline Construction Processes from Planning to Payments Learn more → In addition, the same contract has a provision for negotiating variable retainage.
Best Practices Construction Law
DECEMBER 18, 2019
Under Massachusetts law (like most states), in order to prevail on a claim for fraudulent inducement, a plaintiff must allege a false representation, material to the negotiations, upon which the plaintiff reasonably relied in entering into an agreement with the defendant.
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Construction Law Monitor
JANUARY 29, 2012
Legal products are no different. There are a number of occasions where attorney fees are an issue in a case, and the company who has paid upfront is in a much better position at the negotiation table and/or the court room. Liens / Bonds. Letter Demanding Lien Removal. Demand Letters.
Construction Marketing Ideas
FEBRUARY 13, 2016
The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Negotiate/Review Your Contracts. Shore Up Your Credit Applications.
Levelset
APRIL 15, 2022
It gives the assignee authority to file and negotiate a claim directly with the insurance company, without involvement from the property owner. The contractor, now the assignee, negotiates the claim directly with the insurance company. AOBs and mechanics liens. What is an assignment of benefits? Setting up an AOB.
Levelset
MARCH 31, 2022
If a contractor doesn’t receive payment, they can’t go after the insurance company – but they do have the right to file a mechanics lien on the owner’s property. Avoid insurance negotiations. Contractors shouldn’t be claims negotiators,” Brown says. You can’t control the narrative, but you can be a liaison of sorts.
Autodesk Construction Cloud
NOVEMBER 15, 2021
For this reason, construction professionals must find better ways to craft and negotiate agreements. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities. For this reason, contractors need to be careful with the GMP agreement and negotiate terms to protect themselves.
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