Construction agreements come in many flavors, most of which are variations on two major themes ” “fixed price” (or lump sum) contracts and “cost-reimbursable” contracts. Understanding the basic themes ...

Before starting any home renovation project, legal experts say homeowners should take the necessary legal precautions to avoid costly disputes. That starts with a solid construction contract. “A ...

This experienced panel of construction lawyers will discuss the most important risk allocation clauses in a construction contract from the compelling viewpoints of a construction project owner, a ...

(Editor's note: This is the second of a two-part series on residential construction contracts. Part one ran on Oct. 1.) Drafting a contract is never fun. Reviewing one is often even less entertaining.

Surety construction bonds are a fact of life if you work in the building industry. Government projects and much private-enterprise construction require you take out a surety bond to get the job. This ...

On a major building project or any project that starts work before all the design is completed and the trades are purchased, the best project delivery system is the cost-plus-a-fee contract, also ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on the 4 major types of procurement in the ...