A version of this article first appeared in the Construction Law Newsletter, Volume 34, Number 3 (January 2018), coauthors Paul M. Lurie and Jeremy S. Baker
Want to Resolve Design and Construction Disputes Quickly?
Clients have spoken, and their in-house
There are good reasons for real estate developers and project owners to prefer a “Fixed Fee” approach over a “Cost-Plus-Fee-up-to-Guaranteed-Maximum-Price (GMP)” approach to paying for construction work. But Cost-Plus GMP Contract Agreements have many virtues as well.
Which is best?
Admission to the Society of Illinois Construction Attorneys (SOICA) is by invitation only. Its ranks include distinguished former judges, highly regarded mediators and arbitrators, and attorneys who are widely considered to be at the top of the Illinois construction law
Design professionals must comply with a variety of federal, state, and local statutes, rules, and codes that require certain public and commercial buildings to be designed in a manner so they are readily accessible to, and usable by, persons with
The very act of two project participants coming together to thoughtfully negotiate a design and construction contract has a benefit unto itself – one that is separate from the piece of paper produced at the end of the contract negotiation.
Mechanics liens are a powerful tool to help secure payment on Illinois projects. In turbulent economic times, liens can be particularly useful to architects, engineers, and contractors concerned about their clients’ willingness – or ability – to pay for design
For years, lawyers and insurance brokers have provided limiting advice to architects and engineers.
The Limiting Advice
Together, we have put architects and engineers in a tiny little box. We advise architects and engineers to stay far away from the
Real estate developers and property owners sometimes make a mistake by entirely outsourcing supervision of the monthly draw process to the title insurer hired by their lenders. But I counsel people against the over-rely on title insurer strategy.
One of
Contractor “callback periods” and “warranties of quality” are different concepts. The distinction between them is a little understood – yet very important – nuance in construction contracts.
Callback periods frequently do have a contractual expiration date, often one year after
