Category: Construction Payment
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Construction Contracts: Beware of ‘No Damages for Delay’ Clauses
A ‘no damages for delay’ clause in your construction contract could be the source of a major headache or much worse. Learn how this clause can make or break your success on the project, depending on how it’s written.
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Construction Contracts: What Does “Workmanlike Manner” Mean?
Just about every construction contract will require that work be done in a “workmanlike manner.” But what exactly does that mean? Let’s take a closer look.
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Construction Contracts: How an Escalation Clause Can Help the Bottom Line
Without an escalation clause, a price increase could kill your margins, or worse. Learn how to leverage an escalation clause to guard against price increases.
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Understanding the General Conditions in a Construction Contract
The general conditions in a construction contract lay the framework for the entire relationship between the parties on the project. Understand what to look for and what the language means.
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How a Termination Clause Works in a Construction Contract
The termination clause in construction contract could be the difference between an easy breakup and a lawsuit. Learn how termination works as well as the different types of termination clauses.