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  • Risk Transfer Clauses: Subcontractor Beware

    Risk Transfer Clauses: Subcontractor Beware0

    ByTodd R. Regan, Gordon Rees Scully Mansukhani, LLP From a general contractor’s perspective, the use of so-called risk transfer clauses in subcontracts serves to allocate the risks passed down from the project owner amongst the various project participants. Contractors will point out that these clauses assign the risks and responsibilities to the parties who are

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  • Dates & Figs – August 2025

    Dates & Figs – August 20250

    Total Construction Construction spending during June 2025 was estimated at a seasonally adjusted annual rate of $2,136.2 billion, 0.4 percent (±0.8 percent)* below the revised May estimate of $2,143.9 billion. The June figure is 2.9 percent (±1.5 percent) below the June 2024 estimate of $2,199.8 billion. During the first six months of this year, construction

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