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Construction Law: March 2024

Construction Law

Defects The problem with RAAC: comparing liabilities, claims and remedies in Scotland and England Julie Scott-Gilroy of Morton Fraser MacRoberts LLP explains differences between how liabilities and claims and remedies relating to the use of RAAC differ between Scots law and the rest of the UK.

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Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

The difference between secured and unsecured debts. Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. For this reason, construction professionals must find better ways to craft and negotiate agreements. We discuss: The current state of construction contracts.

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Construction Law: May 2024

Construction Law

Analysis Construction awaits clarity on energy investment Is the UK making credible progress towards securing our energy supplies or is it, as researchers suggest, actually going backwards in terms of achieving commitments made only two years ago?

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Additional Insured Endorsements & How They Work in Construction

Levelset

In short, an additional insured is typically another business entity or person who can be added to your business policy, securing the same liability protection that you do. The AI benefits from some or all of the liability coverage extended to the policyholder. Though not common, large and complex claims do occur.

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Types of Capital for Construction Businesses

Levelset

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

Debt 97
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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e., The minimum guarantee need not be the same amount that was used to secure the work of the basic contract. through discussions and negotiations. d) Negotiations. (1)

Contract 100
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Construction Business Owner Blogs

Construction Business Owner

Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. Public Exposure and Liability on Construction Sites. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Recent Posts.