Knowledge Hub

Construction projects are known for their complexity and dynamic nature throughout their lifecycle. Over the last few decades, multiple contracting frameworks have been developed to improve risk allocation between the parties and optimise project outcomes.Among them, the construction...

Insurance is crucial in mitigating risks and providing financial protection for various stakeholders involved in construction projects, such as owners, contractors, and financiers. These days, a wide range of policies exist with different coverage purposes. These guarantees are typically implemented to...

The initial development of complex engineering projects, such as oil rigs, manufacturing, mining and energy plants, is typically associated with various challenges, such as creating extensive technical details and specifications, assessing constructability, identifying essential resources, supply chain risks,...

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...