The “Your Work” Exclusion in a General Commercial Liability Policy
- Best Practices, Contracts, Insurance, Legally Speaking, Risk Management
- July 26, 2022
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The Ties that Don’t Necessarily Bind: Force Majeure and Price Escalations0
- Contracts, Legally Speaking
- August 24, 2021
By 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 MOREWhen the Tide is High, All of the Boats are Up…0
- Best Practices, Contracts, Outlook & Trends, Risk Management
- May 25, 2021
However, 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 MOREWhy Accuracy is Important in Construction Contracts0
- Contracts, Documentation, Improving Productivity
- May 25, 2021
By 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
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Employee Contracts Drive Attitudes and Engagement: Defining Corporate Culture0
- Best Practices, Contracts, Improving Productivity, Leadership, Workforce & Professional Development
- May 25, 2021
These 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
READ MOREWell-written, Clearly-Defined Contracts Make for Successful Outcomes0
- Best Practices, Contracts, Documentation
- November 23, 2020
by Walter J. Adams, Jr., Berkley Alliance Managers, a Berkley Company Once again, the American economy is in flux. We’re all now in a wait-and-see game with a virus that is endangering the well-being of both individuals and businesses worldwide. For some contractors, the projects scheduled before COVID-19 will move forward without delay. Others will
READ MOREBuy-Sell Agreements: An Important Tool for Small Business Planning0
- Contracts, Legally Speaking, Risk Management
- November 23, 2020
By Joseph M. Kanfer, Esquire, Woolford Kanfer Law, P.C Buy-sell agreements are an important part of planning for subcontractors as well as other small businesses. A buy-sell agreement controls when and how owners of a company may sell their interests in the company to each other and to third parties. Buy-sell agreements can be used
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To educate and equip subcontractors and suppliers with the knowledge and resources they need to thrive in the construction industry. Additionally, FASA raises awareness about issues critical to and about construction in the United States.
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