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Construction Spending Falls; Labor/Materials Shortages
“Strong demand for construction is being offset by rising materials prices and labor shortages,” said Stephen E. Sandherr, CEO of the AGC
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Infrastructure Act: Eight Months Later
WASHINGTON, D.C. – Earlier this month, the White House released updated fact sheets highlighting how the Bipartisan Infrastructure Act is disbursing funds for all 50 states, territories, the District of Columbia, and Tribal communities.
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Infrastructure Act: Eight Months Later
WASHINGTON, D.C. – Earlier this month, the White House released updated fact sheets highlighting how the Bipartisan Infrastructure Act is disbursing funds for all 50 states, territories, the District of Columbia, and Tribal communities.
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Contractual Risk Evaluation
HOUSTON - A large portion of an in-house attorney’s job responsibilities is contractual-drafting agreements for the company’s business, internal operations, and vendors. It's one of the most important areas.
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Industry News: Construction Input Costs; Vehicle Safety
ARLINGTON, VA - The price of materials and services used in nonresidential construction jumped 1.1 percent last month, outpacing the rise in contractors’ bid prices.
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Remember the Basics: The Implied Covenant of Good Faith and Fair Dealing
NEWARK, N.J. - I learned to think of a contract as basically being a handshake, though I am in no way saying that detailed contracts are not needed.
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Steering Construction Projects Through Stormy Economic Seas
PHILADELPHIA - With the economic outlook uncertain, savvy project stakeholders should carefully examine construction documents concerning financing provisions, construction contingency, early commitments, and assignability.
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Remember the Basics: Good Faith and Fair Dealing
NEWARK, N.J. - I learned to think of a contract as basically a handshake, though I am in no way saying that detailed contracts are not needed. In that regard, I always think of Robert Frost, and how “Good fences make good neighbors.”
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Infrastructure Act: Legal Landscape
FORT LAUDERDALE, FL - The White House announced that $110 billion of the trillion-dollar Infrastructure Investment & Jobs Act (IIJA) has been distributed to states, with another $100 billion available to fund infrastructure projects.