Fieldwire
AUGUST 14, 2023
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.
Best Practices Construction Law
JUNE 27, 2012
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Construction Lawyer
FEBRUARY 3, 2014
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'
NH Construction Law
FEBRUARY 27, 2021
This clause was in the parties’ agreement: TERMINATION FOR CONVENIENCE: The General Contractor may terminate the Contract for convenience upon three (3) days prior written notice. The painting sub signed a contract to paint a multi-apartment housing project being constructed in Somersworth for a price of $500,000.
Construction Lawyer
APRIL 3, 2012
He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. He is a Fellow of the AIA as well as the Association of Licensed Architects.
Constructonomics
FEBRUARY 15, 2014
If government entities started negotiating contracts directly with contractors, it would become even more of a mess and everybody knows it. Many of the contracts are a standard AIA agreement, and while they appear to be relatively fair, supplements are often added that would make any right minded contractor run far, far away.
Construction Law Monitor
NOVEMBER 2, 2011
Here both parties need to negotiate terms to better protect when a dispute arises. A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. AIA – American Institute of Architects is the most common standard form contracts in the construction industry.
Expert insights. Personalized for you.
98 
Let's personalize your content