Negotiate and Draft – “Pass-Through” Clauses You Can Live With Owners, contractors, subcontractors and lower-tier contractors must have a sound understanding of the operational details and triggers of “pass-through” provisions as their terms can significantly...
What is a bond? No party enters into a construction contract expecting any party to default. Contracting parties, however, must manage the inherent risk of the unexpected during construction projects. Construction bonding is a method commonly used by contractors,...
Defining the green project There are four main steps to successfully manage legal issues that often arise in sustainable projects. The first step is establishing a clear understanding among all project participants of the owner’s green goals and how they will be...
In May 2018 Illinois’ retainage reform bill (SB3052) which was set to limit the percentage of payments to be retained by owners in private construction agreements to 5% was narrowly approved by the Illinois House Executive Committee. After an intense lobbying effort...
There are countless ways for a construction project to go awry. The first claims that come to mind are those based on delays or defective workmanship, but perhaps even more common are the potential claims which arise when a general contractor does not receive payment...