Jon Critelli | StoneTurn Construction projects require the constant balance of competing objectives of cost (budget), quality (scope), and time (schedule) – often referred to as the “project management triangle.” To meet the needs across this triangle, monitoring leading indicators related to schedule health and specific schedule changes made by the general contractor can be… Continue reading The Importance of Proactive Construction Schedule Risk Management For Owners
Month: September 2022
Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Rules
William Rabb | Insurance Journal Proving that an insured misrepresented the extent of damage from a storm may have just become a little more complicated for Florida insurance companies. Florida’s 5th District Court of Appeals last week reversed a trial court’s summary judgment order, which found that a homeowner in Orlando had made false statements about… Continue reading Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Rules
Don’t Pay for Your Performance Bond More than Once
Bill Wilson | Construction Law Zone An often-overlooked part of contract negotiations is the language included in the performance bond. While the owner or contractor (bond obligee) requires a performance bond and pays for it, negotiating efforts are typically spent on the main contract language itself rather than the bond. A common go-to performance bond… Continue reading Don’t Pay for Your Performance Bond More than Once
Progressive Design-Build Takes Another Step Forward in California
Mary Salamone | Procopio, Cory, Hargreaves & Savitch Legislators have gradually expanded local agencies’ authority to procure construction projects over the last couple of decades by using various alternatives to the design-bid-build delivery method, which requires that contracts are awarded to the lowest responsible bidder. Recently, California took another step forward in this regard. On… Continue reading Progressive Design-Build Takes Another Step Forward in California
You Are on Notice: Failure to Comply With Contractual Notice Provisions Can Be Fatal to Your Claim
Jenifer B. Minsky | ConsensusDocs Imagine your firm is the construction manager on a multi-million-dollar project. At the end of the project you are five million dollars out-of-pocket. You have a stack of claims for additional and extended work which led to the overrun, payment for which will easily cover the shortfall. However, the owner… Continue reading You Are on Notice: Failure to Comply With Contractual Notice Provisions Can Be Fatal to Your Claim