The construction industry operates by word-of-mouth to a great extent. Therefore the question: How binding is someone’s word. A typical example of verbal arrangements in the construction industry is subcontractor bidding. In typically last-minute preparations of their bids contractors and subcontractors rely on verbal prices from subcontractors and material/equipment suppliers. The contractor or subcontractor involved… Continue reading Binding Bids
Category: Construction Contracts
Piercing the Corporate Veil to Collect on Award is Outside Scope of Arbitration Clause
Liz Kramer – January 19, 2012 The highest court in the District of Columbia has held that piercing the corporate veil is outside the scope of the arbitration clause in Giron v. Dodds, 2012 WL 18574 (D.C. Ct. App. 2012). But the case’s reasoning may extend to all cases in which a party must bring… Continue reading Piercing the Corporate Veil to Collect on Award is Outside Scope of Arbitration Clause
Utah Reverses Course on Apportioning Costs of Defense to Policyholders
Jason W. Crowell – January 25, 2012 A recent Utah Supreme Court decision could result in significant benefits to some policyholders in Utah’s construction industry. The case, Ohio Casualty Insurance Co. v. Unigard Insurance Co., 2012 UT 1, concerned a fight between two insurers about how to split the costs of defending a lawsuit brought against… Continue reading Utah Reverses Course on Apportioning Costs of Defense to Policyholders
More than Your Bargained For? Avoid Paying Twice for Construction Costs
January 20, 2012 by Lisa Magill One of the most daunting aspects of construction projects is understanding the different legal documents presented (or that should be presented) by contractors, subcontractors, laborers, and suppliers. Although construction contracting is not something most board members are familiar with, the State of Florida requires them to follow very detailed procedures when making payments to the contractors hired… Continue reading More than Your Bargained For? Avoid Paying Twice for Construction Costs
Construction Renovation Contracts 101: Six Key Considerations for Proactive Boards and Managers
Martha L. Perkins USA January 13 2012 Author page » One of the most challenging responsibilities for association board members and the association manager is renovation contracts. It is a fact of life that community associations must periodically perform small and large construction renovations—everything from lobby updates to balcony repairs and garage resurfacing, from window… Continue reading Construction Renovation Contracts 101: Six Key Considerations for Proactive Boards and Managers