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How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

Help with negotiations This can be difficult, as insurance companies are often reluctant to pay large settlements. An experienced attorney will know how to negotiate with insurance companies and fight for the best possible settlement for you. Not getting a written fee agreement from the lawyer you hire.

Injury 276
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Not Just An Old Wives’ Tale: Negotiating “Paid In Full” Check Binds Contractor

Best Practices Construction Law

Under Mississippi law, despite what the parties may argue was their intent, cashing a check marked “final payment” constitutes an accord-and-satisfaction agreement, which precludes that party from bringing future claims for additional payment. The court disagreed. The “paid in full” principle is not just an old wives’ tale.

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Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

Liquidating Agreement. Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. Do not confuse a liquidating agreement with liquidated damages. Click here for Daniel S. Sloan pg 17. See Carl A.

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How Brexit Will Affect The Construction Industry – Infographics

Lets Build

This is another risk for the UK with no clear-cut answers. Without new sources of funding, the UK is at risk of being an unattractive investment. A negotiation and development of its own terms of trade would obviously be preferred as the latter creates the potential risk of retaliation from affected countries.

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Who Assumes the Risk of Material Cost Increases? As Always, It Depends!

Best Practices Construction Law

When a client asks me about a particular contract provision and why it is “unfair” or “uneven”, we began a discussion about risk allocation. You see, the contract is used to shift the various risks on the project to the party most appropriate to handle it. What about the risk of escalation in material costs?

Risk 69
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What is a ‘Lump Sum Contract’: Understanding Fixed-Price Agreements

Building Radar

A “lump sum contract”, also known as a fixed-price contract, is one of the most common types of agreements in the construction industry. For more detailed insights on fixed-price agreements, consider visiting Procore’s guide on lump sum contracts. What is a Lump Sum Contract?

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Test the Bounds of Job Order Contracting?

Job Order Contracting

Most contractors have heard of design-bid-build, design-build, construction manager at risk, and even public private partnerships, various project delivery methods, which, at their heart, focus on balancing the interests of the various parties involved in a construction project, from owners, to design professionals, to contractors.

Contract 130