Construction agreements have evolved throughout the years, and there are many variations to suit the best risk allocation between owners and contractors. Among them, design and construct (D&C) contracts emerge as one the most used commercial frameworks.But what...
Construction contracts govern the relationship between contractors and owners and specify the obligations and rights of each party in a project. In many instances, professionals without a solid legal background manage these agreements, and some legal jargon and...
EPC Contracts: Combining engineering, procurement, and construction for efficient project management. Learn more about their types and benefits.
Defects are an unfortunate reality of the construction industry, which can significantly impact a project's budget, program, and quality. These defects, such as concrete cold joints, can also affect structural integrity, functionality, and aesthetics. From a commercial and legal perspective,...
The development of client needs and desire to implement optimal risk profiles has led to the development and use of different contract styles in the construction industry, such as alliance contracts, design-and-build contracts, managing contracting, construction only, construction management, public-private partnerships, and...
Construction contracts are known for their adversarial nature and numerous disputes. Over the last decades, alliance contracts have gained prominence in the construction industry as an alternative to delivering projects more collaboratively. But what is it?Alliance contracting is...
Navigating through contractual obligations is one of the biggest challenges for contract managers. Construction Agreements are typically governed by strict requirements, which must be adhered to ensure contractual compliance and protect/reserve each party's rights. Time bars are one of the...
One of the critical aspects of a construction project development is ensuring that the most suitable contracting approach is implemented.With several options and contracting risk profiles available, construction management and managing contractors' agreements are similar approaches (yet, different) that emerge...
Among many collaborative contracting styles, the managing contractor (MC) approach is one of the most implemented models in the construction industry, being widely used in projects with complex designs and multiple stakeholders. But what exactly is it?The managing...
Construction is known for its challenging nature - unexpected hurdles can often arise, leading to delays, budget overruns, frustration, and disputes between contractors and owners.Among the unexpected issues, latent conditions emerge as one of the major concerns for...
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