Most estimates are prepared from plans and specifications, collectively known as “the contract documents.” These documents should provide the contractor with the necessary information to bid on the ...
AIA Contract Documents are the nearly 200 forms and contracts that define the relationships and terms involved in design and construction projects. AIA contracts and forms are now recognized as ...
On Nov. 15, the American Institute of Architects (AIA) plans to release its new and updated Construction Manager as Constructor (CMc) family of contract documents. Next February, the AIA will release ...
Indemnification Clause. Section 3.18.1 on indemnity remains largely the same. The indemnification clause, like many others in various types of contracts, requires the Contractor to indemnify the Owner ...
“Substantial completion” is an important, but often overlooked term in construction contracts. It is significant because it is often used as a trigger in construction contracts for a number of ...
When negotiating construction contracts, attorneys often focus on the American Institute of Architects (AIA) A201-2017 General Conditions, a widely used standard in the industry. However, construction ...
SAN FRANCISCO, July 8, 2025 /PRNewswire/ -- Welsh, Carson, Anderson & Stowe ("WCAS"), a leading private equity firm with a 45-year track record of building exceptional technology companies, announced ...
The construction business is risky enough without contractual unknowns. Lower your risk by using this basic checklist for reviewing contracts. Unfortunately, most contracts and subcontracts aren't ...
A written contract documents an agreement between two parties under which both must perform. To form a contract, one party must make an offer to another party. If the second party accepts the offer, ...
Artificial intelligence is often touted as a gamechanger for construction processes, and Document Crunch, a company co-founded by a longtime construction attorney, is already changing up one key area: ...
The International Marine Contractors Association (IMCA) has published a variety of guides, templates and discussion documents aimed at raising awareness on contracting issues (including liability and ...
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