Topic
Construction Contract
419 published works
Construction Payment Blog
Estimate, Proposal, or Contract: What’s the difference in construction?
By Chris Poché
The terms are often tossed around as though they’re interchangeable, but estimates, proposals, and contracts are very different things. Unfortunately, many misunderstandings result from confusing them. If contractors understand the…
Baker Law Blog
Fixed Fee v. Cost-Plus GMP: Which is Best?
By Jeremy Baker
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…
Construction Payment Blog
The AIA A201: A Contractor’s Guide
The American Institute of Architects, or AIA, is an organization for design professionals in the construction industry. They produce and sell a suite of construction contract document templates that are…
The Lien Zone
Here’s Trouble – Two Provisions In Most Every Construction Contract That You Need To Understand
There are two clauses in most every construction contract that could spell trouble—big trouble—if not properly understood and handled. Here is what you need to know about both of them.Pay-If-PaidGetting…
Construction Payment Blog
Understanding Fixed-Price Contracts — And When To Use Them
By Tom Scalisi
Fixed-price contracts are among the simplest of all construction contract forms. They allow contractors freedom and flexibility, and they provide owners with a bit of certainty. The contractor predetermines how…
The Construction Seyt
David Blake Authors “COVID-19 Language for New Construction Contracts” Article for GlobeSt.com
By David Blake
Seyfarth partner David Blake authored “COVID-19 Language for New Construction Contracts,” published by GlobeSt.com on August 24, 2020. In the article, David addresses custom COVID-19 language for new construction contracts.…
Construction Payment Blog
Advance Payment Bonds: Securing an Upfront Deposit
While down payments or upfront deposits are increasingly uncommon on construction projects, some contractors or suppliers do request them. When a payment is made in advance, before materials or work…
Construction Payment Blog
Alaska Contractor’s Claim Barred For Late Notice Under Contract
Complying with notice requirements is essential to maintaining your rights to payment on a construction project. This is true not only for mechanics lien and payment bond rights, but also…
Construction Payment Blog
PCL Construction for Subcontractors: Payment Guide & Resources
For subcontractors, signing onto a PCL Construction project may feel like your business is financially set. But winning the contract is one thing; getting paid for it requires a lot…
Ahead of Schedule
Allocate Payments Clearly to Minimize Construction Disputes
In an ideal world, a contractor performs a portion of the work on a project as provided for in a construction contract, the owner pays the contractor an installment payment…