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

Best Practices Construction Law

In other words, you are negotiating about who takes the risk on a particular issue. The contractor could have bargained for protection from price increases by including a price escalation clause in its proposal…but it did not. The Back-and-Forth.

Risk 69
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#125:  Pay-if-Paid Clauses and Contractor Default

NH Construction Law

Can its decision to give up money in a settlement agreement rather than litigate the owner’s claimed justification for nonpayment effectively bargain away the subcontractors’ right to payment under a pay-if-paid provision? Quinn Construction, Inc. Skanska USA Building, Inc. , 730 F.Supp.2d 2d 401, 421 (E.D. 773, 781 (1988).

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Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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Project Labor Agreements (PLAs): What Contractors Need to Know

Levelset

A project labor agreement, or PLA, is a prehire collective bargaining agreement that sets the wages and benefits for all workers on a project. This could affect $262 billion in federal government construction contracting as well as nearly 200,000 workers on federal construction contracts. What is a project labor agreement?

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Deal of the Decade

Business Facilities

Industry analysts view the RFP as a last-ditch effort to break the deadlock and bring the union back to the bargaining table. Neither side characterized the meeting as a negotiating session, but the union confirmed it’s been urged by WA Gov. Jay Inslee and Everett Mayor Ray Stephenson to resume talks. Far West U.S. Plains U.S.

Deals 47