In the construction industry, managing cash flow can be unnerving, especially with upfront costs and delayed payments. Retainage practices further complicate matters, potentially impacting contractors' financial stability. At @Burkhalter Law, we're committed to educating our [...]
For subcontractors, mastering the intricacies of Notices of Intent to Lien and preliminary notices are paramount in sidestepping payment hurdles. These documents, particularly vital in states like Georgia, serve as preemptive measures against delayed payments [...]
In the construction industry, "breach of contract" is a common term that holds significant weight. Let's break down what it means, the difference between major and minor breaches, how to file a claim, and how [...]
In the fiercely competitive construction industry, firms often face challenges when pursuing larger contracts due to limitations in financial capital, resources, and business contacts. To overcome these obstacles, many companies turn to joint ventures (JVs). [...]
Architects and engineers (A/Es) are pivotal in crafting contract documents for construction projects. However, a common issue arises regarding dispute resolution. While A/Es may mandate arbitration with project owners, they often favor court hearings in [...]
The American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity within the construction sector, [...]
Design-build contracts revolutionize construction projects by consolidating design and construction functions under a single entity – the contractor. Unlike traditional methods with separate contractors, this approach streamlines project delivery, reducing communication issues and cost overruns. [...]
Effective March 1, 2024, the American Arbitration Association (AAA) has implemented noteworthy revisions to its Construction Industry Arbitration Rules and Mediation Procedures. These changes, designed to align with technological progress, streamline processes, and enhance clarity [...]
What is a Registered Agent? A Registered Agent is a designated entity or individual chosen by a business, such as an LLC or C Corp, to receive legal notifications, government communications, and compliance-related documents on [...]
The impact of "pay-if-paid" clauses in construction contracts on a business's financial landscape is significant. These clauses pose a risk for subcontractors, as they may not receive payment for their work or materials unless the [...]
When launching a construction project, stakeholders, including developers, designers, and contractors, may encounter unforeseen issues by relying on an "industry standard" contract form instead of tailoring it to the project's specific needs. Urgency in project [...]
