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 [...]
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. [...]
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 [...]
Construction contracts typically contain provisions specifying how and when contractors should inform parties about potential claims for added compensation or time. These clauses aim to equip project stakeholders with crucial information for handling unforeseen events [...]
Navigating contracts can be a complex journey, which requires vigilance to ensure the agreements safeguard rights and reduce risks. It is crucial to have counsel review contracts to create a comprehensive understanding and avoid unforeseen [...]
Recent changes to Georgia law favor contractors in public works construction contracts. Before revisions to the statute took effect on July 1, 2022, Georgia law allowed government entities to withhold 10% of each progress payment [...]
Whether the succession plan is transferring the business to the next generation or selling to a strategic buyer, the time invested to plan for the transition out of a business is vital to ensuring [...]
Successful Outcome for Clients Over Investment Funds Dispute Burkhalter Law is pleased to announce a successful outcome obtained in favor of one of a non-profit client after initiation of litigation to recover over $2.5M [...]
