Articles
The Corporate Transparency Act (“CTA”), effective as of January 1, 2024, requires certain businesses, in the absence of an exemption, to report to the Financial Crimes Enforcement Network (“FinCEN”) of…
Introduction Most, if not all, construction contracts contain a provision for “retainage.” The origin and concept of retainage dates back to the railroad boom that embraced Great Britain in the…
By: Alex P. Prochaska Special Counsel, Jones Walker LLP. To avoid delay costs and penalties, contractors involved in pipeline and utilities construction maintenance, repair and removal need to understand how…
ConsensusDocs standard documents are the only forms available to sureties that draw on expertise of a broad cross–section of stakeholders, including NASBP and 40 other leading industry endorsing organizations. NASBP…
ConsensusDocs is about to publish an updated standard ConsensusDocs 235 Owner/Constructor Standard Agreement. The ConsensusDocs 235 provides a short form standard prime contract. Construction work payment is based upon cost-of-the-work plus…
In these times of persistent inflationary forces and efforts to tame the consequences through rising interest rates, economic uncertainty abounds in the United States and around the world. As an…
By: Kevin J. O’Connor Partner, Aaron C. Schlesinger Partner, Lauren R. Davis Associate, Peckar & Abramson. The “joint employer” doctrine has been used with increasing frequency by the plaintiffs’ bar…
Reaching an agreement on a construction contract that leads to a positive outcome for all parties involved – owner, builder, designer – should be the goal of your contract negotiations.…