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Good Faith and Fair Dealing: The Essence of Construction Agreements

Constructonomics

On construction projects, contractors, owners, and subs will fire contract language back and forth like missiles in what gets to be an arms race of legalities that negatively affects projects by creating panic and anxiety. Everybody loves to get hung up in contract language. Absolutely not.

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4 Tips For Choosing The Right HVAC Contractor

Construction Marketing

However, unless you’re an expert in the HVAC industry, you need a contractor to handle your heating and air conditioning needs. So, if you want to choose the perfect HVAC contractor, below are the four tips to consider from the get-go: 1. They might have worked with an HVAC contractor before and were happy about their services.

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Removing the Mystery from Indemnity Agreements

Construction Business Owner

The indemnity provision protects an owner or general contractor from exposure to liability if a loss occurs during construction. But if they're not structured properly, you could be at risk. Read all you need to know here. . .

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5 Legal Documents All Construction Business Owners Should Use

Construction Business Owner

While there are several documents that contractors use regularly, there are also other lesser-known legal documents that owners may find useful. The following five standard legal agreements are worth considering to help clean up your contract processes.

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Restaurant Construction Franchise on the Rise – Where do you start?

HardHatChat

In fact, Crain’s Chicago Business just reported that Moe’s Southwest Grill has sold restaurant franchise agreements to open 10 new units in the Chicago market. First-timers tend to go with a low-bidding pick-up truck contractor only to realize you get what you pay for. You shouldn’t have an adversarial relationship with your landlord.

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What Contractors Need to Know About Surety Bonds

Construction Marketing

If you want to be a contractor, being licensed and bonded will have a major impact on your ability to work in the city and state where you live and work. Many state and local governments require that contractors who perform work above a threshold amount obtain licenses. What Are Surety Bonds? Bond Types.

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The Value Of Service Agreements In Your Construction Company

Contractor Bookkeeping

Service agreement holders are more likely to be clients who add more value to your construction company because they represent your customer base's most loyal segment. Every service agreement customer represents future work. Non-service agreement customers are more likely to be customers and fickle.