Retention payments are a longstanding practice in construction contracts, serving as a form of financial security for project owners to ensure proper and timely completion of work. It is typical for Owners in private work contracts to withhold up to
The Construction & Infrastructure Law Blog, published by Sheppard, Mullin, Richter & Hampton LLP, focuses on legal issues related to construction and infrastructure projects. It covers topics such as contract negotiation and compliance, retention and payment practices, bonds and mechanic's liens, prevailing wage laws, eminent domain authority, and dispute resolution in construction contexts. The blog also addresses sector-specific challenges, including those in energy infrastructure and transportation projects, and discusses recent legislative and regulatory developments affecting construction law. It provides insights into risk management, litigation, and statutory changes impacting contractors, subcontractors, owners, and developers involved in construction and infrastructure work.
On September 9, 2021, the President issued Executive Order 14042, which applies new rules – including vaccination mandates – to Federal contractors and subcontractors. EO 14042 does not include a weekly testing option and is therefore a true vaccination…
On July 21, 2021, the National Labor Relations Board (“NLRB” or the “Board”) issued a 3-1 decision affirming its precedent that displaying banners and a large inflatable rat (“Scabby the Rat”) near neutral employers does not violate the National Labor…
Not your average game of patty-cake! Earlier this week, New York’s First Department, Appellate Division issued its decision related to 200 Amsterdam,[1] overturning the lower court’s decision which would have required 200 Amsterdam to remove several floors of its…