Contractor Community
- Contractor Community, Contracts
- January 12, 2018
By Gary R. Semmer, Assured Partners Great question! There has been a lot of debate over the years over how Change Orders (CO) affect your Insurance and Bonding programs. Let’s examine some of the issues, but first let’s look at how ConsensusDocs® and AIA define “Change Orders” in their contract language: ConsensusDocs 200 defines “Change
READ MOREBy Joseph Kanfer, Esquire; Woolford Kanfer Law, P.C. Recruiting and retaining skilled employees has long been a challenge in the construction industry, and the COVID-19 pandemic has made retaining employees more urgent than ever. Non-compete agreements can be powerful tools to protect your business against losing key employees. Non-Compete agreements prohibit employees from working for
READ MOREBy Jordan R. Pavlus, Esq., Byrne Costello & Pickard, P.C. When the COVID-19 pandemic hit, we all got a stark refresher in force majeure clauses, which prior thereto were rarely invoked. Force majeure clauses typically excuse contractual performance for some identified reason outside the control of the contracting party, like an act of god, war,
READ MOREHowever, When the Tide Goes Out, We See Who is Skinny Dipping By Gregg Schoppman, FMI When most business leaders are asked about their perspective on the current market conditions, there is a “double edged” answer. On one hand, leaders are enjoying prosperity and in many cases see record high margins. Conversely, leaders also seem
READ MOREBy Patrick Hogan, Handle.com A construction contract is a document that is central to every construction project. It is a key piece of paperwork that lays out the scope of a contractor’s work, the responsibilities of the stakeholders involved, the cost breakdown of the entire project, among other important details. A contract is also the
READ MOREThese days, it is popular to explain the success or failure of companies everywhere with the simple statement “It’s their company culture!” It’s an attractive and logical explanation. A strong corporate culture is hailed as the key to winning in a competitive marketplace; a weak one, the death knell. While the explanation is easy, the
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