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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage is up for negotiation Retainage is not set in stone. It is governed by the contract, which means it’s part of the agreement between two parties. Every contract is negotiable, including what percentage is retained and for how long. It’s up to the contracting parties to agree on the terms that work for both of them.

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Effective Dispute Resolution in Construction Projects: Techniques and Solutions

Building Radar

Methods of Dispute Resolution Negotiation Negotiation is often the first step in resolving disputes. It involves direct discussions between the parties to reach a mutually acceptable agreement. Negotiation can be a quick and cost-effective way to resolve disputes without involving third parties.

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Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations. B132–2009, Standard Form of Agreement Between Owner and Architect, Construction Manager as Adviser Edition.

AIA 48
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Arbitration is Why There is So Little Litigation in Green Building

Green Building Law Update

With over a million contract documents licensed on an annual basis, the AIA’s form construction documents are the most widely used contract documents in the industry. LEED Certification Agreement has a mandatory arbitration provision. Even the Green Business Certification Inc. And always consult your attorney before signing.

Green 120
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Arbitration including Religious Arbitration in Green Building Contracts

Green Building Law Update

With over a million contract documents licensed on an annual basis, the AIA’s form construction documents are likely the most widely used contract documents in the industry. Certification Agreement has a mandatory arbitration provision. Even the LEED Green Building Certification Inc. And always consult your attorney before signing.

Green 120
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Specifications for design-build projects

Construction Specifier

A substantial challenge faced by professionals preparing construction specifications for design build projects is most master specifications were developed for traditional DBB or its ‘close relation,’ design-negotiate-build (DNB). AIA’s design-build documents are used largely on vertical construction projects.

EJCDC 52
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Illinois Appellate Court holds that Express Indemnity Claim Subject to 10-year Statute of Limitations

Construction Lawyer

The AIA provision in the owner-architect agreement (there was a similar provision in the owner-contractor agreement) read: 8.3 Note that the 2007 version of AIA documents substantially altered the accrual provisions formerly in the standard contracts to the detriment of contractors and architects. contracts litigation'

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