Trent Cotney | Adams and Reese Obtaining a contractor’s license can be a complex, patience-testing process, which is why so many large construction companies are utilizing several qualifiers to maintain licensure across multi-state territories. There’s no law demanding that contractors only work in their home state, which is why industry leaders can be found working… Continue reading Why Every Contractor Should Create a Qualifier Contingency Plan
Month: August 2022
Construction Project Participants Face Differing Time Limits for Claims as NC Court of Appeals Interprets Definition of “Substantial Completion”
Andrew Atkins and Elizabeth Raymond | Smith Anderson The North Carolina Court of Appeals recently issued a decision in Gaston County Board of Education v. Shelco, LLC, et al[1] that has the potential to significantly impact the time limits for claims on construction projects. Historically, North Carolina’s six-year statute of repose has provided owners, architects, contractors, and… Continue reading Construction Project Participants Face Differing Time Limits for Claims as NC Court of Appeals Interprets Definition of “Substantial Completion”
The Parallels Between Winning Sports Teams and Successful Construction Projects
Jon Critelli | StoneTurn It can be argued that the fall is the best time to be a sports fan – summer sports are reaching their peak and teams are preparing for a late playoff run, while fall sports are just getting started and fans are enjoying a renewed sense of optimism about what the… Continue reading The Parallels Between Winning Sports Teams and Successful Construction Projects
DoD Issues Guidance on Inflation Adjustments for Contractors
Jennifer Harris and Abby Salinas | ConsensusDocs The Department of Defense (“DoD”) recently issued a memorandum to contracting officers (“COs”) guiding the use of economic price adjustment (“EPA”) clauses to address inflation-related cost increases. The memorandum, entitled Guidance on Inflation and Economic Price Adjustments, comes as the year-over-year inflation rate rose to 8.6% in May, and contractors… Continue reading DoD Issues Guidance on Inflation Adjustments for Contractors
Overtime! – When the Statute of Limitations Isn’t Game Over For Your Claim
Bradley E. Sands | ConsesusDocs Statutes of limitations establish the period of time within which a claimant must bring an action after it accrues. An action can be filing a lawsuit and, in some instances, filing a demand for arbitration. But a multi-year construction project could be longer than the applicable statute of limitations. For… Continue reading Overtime! – When the Statute of Limitations Isn’t Game Over For Your Claim