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3 Risks Contractors Should Look for in Performance Bond Forms & How ConsensusDocs 206 Mitigates Those Risks

Dan@commercialsurety.com Commercial Surety Bond Agency Contractors often believe the risks included in performance bond forms fall solely on surety companies. However, the contractor and surety share similar obligations outlined in…

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Comparison of Standard Design-Build Contract Documents

This contract document comparison includes ConsensusDocs, American Institute of Architect (AIA) and the Design-Build Institute of America (DBIA) standard contracts. This comparison includes the most important contract terms and conditions for…

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Contract And IP Implications Of Design Professionals Monetizing Non-Fungible Tokens Comprising Digital Construction Designs

  There is an emerging market that appears poised to increasingly provide opportunities to monetize architectural and other construction designs through the sale of non-fungible tokens (NFTs).  Last year, artist…

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Contract And IP Implications Of Design Professionals Monetizing Non-Fungible Tokens Comprising Digital Construction Designs

There is an emerging market that appears poised to increasingly provide opportunities to monetize architectural and other construction designs through the sale of non-fungible tokens (NFTs).  Last year, artist Krista…

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Recovering For Inflation On Federal Contracts: Recent DOD Guidance On Economic Price Adjustment Clauses

Since October 2020, inflation in the United States has seen its fastest increase in more than 30 years. In the last year alone, inflation has remained as high as 8.6%.…

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What You Need to Know About “Ipso Facto” Clauses and Their Impact on Termination of a Contractor or Subcontractor in a Bankruptcy

While contractor bankruptcies have long been an issue in the construction industry, in the aftermath of COVID-19 and the resultant labor, material and supply-chain delays, contractor bankruptcies are of even…

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