Tariffs, trade tensions and material cost escalations are more than just headlines—they are challenges that contractors face every day. In our recent Q&A webinar, we tackled contractors’ pressing ...
Construction is an industry with a long history that stretches back thousands of years. Over time, the industry developed its own specialized language. Indeed, the “Oxford Dictionary of Construction, ...
Eleven companies were awarded positions on the U.S. Navy’s potential eight-year, $8 billion indefinite-delivery/indefinite-quantity, multiple award, design-build ...
A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...
Not paying attention to key contract clauses about notice, documentation and change order procedures is a sure way to watch your profit dwindle. At the end of the every job (when it’s too late to do ...
The purpose of a construction contract is risk management. As any construction professional knows, the construction business is inherently risky. There are three main types of loss in any construction ...
Unexpected devastating weather events such as hurricanes, tornados, earthquakes, fires and other natural disasters can strike at any time, leaving construction projects in disarray. While Mother ...
The U.S. Navy selected 10 contractors to compete for work under a $15-billion indefinite delivery/indefinite quantity multiple-award construction contract Sept. 10, and separately selected five firms ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
The U.S. Navy has selected Pittsfield, Maine-based construction company Cianbro to perform design-bid-build work at Norfolk Naval Shipyard in Virginia under a $112.5 million fixed-price-award-fee ...
Locating, bidding on and fulfilling a government construction contract is significantly different from the process in private sector construction jobs. Small construction businesses can count on heavy ...
Naval Hospital Guantanamo Bay, which is due to be replaced with a modern ambulatory care center and dental clinic under a contract with DPR-RQ Construction LLC. Photo by Lt. J.G. Justice Curlee/U.S.
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