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Minimize Risks in Contractor Dispute Settlement Agreements0
- CONSTRUCTION, Contracts, Legally Speaking, Risk Management
- April 23, 2024
By: Benjamin Lajoie, McGlinchey Stafford PLLC Disputes between contractors, subcontractors and/or owners are relatively common in the construction industry. Although you should not appear over-eager in rushing into a settlement to avoid the time, costs, and stress that comes with protracted litigation, when settlement appears likely and in your company’s best interests, full attention to
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A Guide to Subcontractors About Solar Energy Project Tax Credit Obligations0
- Legally Speaking
- February 26, 2024
With effective negotiations, preparation, and performance, contractors and subcontractors can ensure they meet owners’ requirements to secure available tax credits for solar energy system construction projects.
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Handling Responsibility For A.I. In Construction0
- Legally Speaking, Outlook & Trends, TECHNOLOGY
- January 23, 2024
By Brian C. Padove and John E. Sebastian, Watt Tieder Hoffar & Fitzgerald, LLP The construction industry has an unfortunate notorious reputation of being resistant to adopting new technological changes while other industries (finance, healthcare, etc.) rapidly embrace digital transformations. While dealing with this reputation, the construction industry, likewise, has been dealing with a decades-long,
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Subcontractors Should Have A Plan To Get Paid0
- Legally Speaking, Payment
- December 18, 2023
By Joseph Kanfer, Woolford Kanfer Law, PC One of the most important things a subcontractor can do to plan ahead is to have a plan to get paid on their projects when their customer does not pay on time. Many subcontractors do not start thinking about what steps they might take to get paid until
READ MOREProtecting the Right to Payment0
- Legally Speaking
- October 24, 2023
Ben Lowenthal, Hendrick, Phillips, Salzman & Siegel Contractually speaking, subcontractors generally assume the greatest risk and reap the smallest rewards of all participants in any given construction project. To survive and thrive, subcontractors must take all precautions to minimize or control these risks, which include unfair, one-sided contract clauses. Knowing and understanding payment-related contract clauses
READ MOREHow to Improve Cash Flow as a Commercial Subcontractor0
- Cash Management, Legally Speaking
- October 24, 2023
By Karalynn Cromeens, The Cromeens Law Firm As my friend Tom Reber says in his book Winning the Contractor Fight, “Money is like oxygen to your business”. Meaning your business cannot survive without money. As a subcontractor in the commercial construction world with a “pay when paid” clause in every contract, you are not always
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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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