Help Us Generate a Comprehensive Outlook for 2024 by Taking the Survey Each year around this time, حوإ¼½م½م asks you – our members – to predict what next year will be like for your business. حوإ¼½م½م has partnered with Sage to prepare questions that focus on expectations for market performance, hiring, labor market conditions, etc. Please take a moment to complete the survey here. حوإ¼½م½م of America will use the survey results to help make the case with elected and appointed officials in support of key member priorities. The more people who complete the survey by Thursday, December 7, the more effective the results will be in supporting our work on your behalf.
State construction laws and case law interpreting those laws dramatically impact your contract and, thereby, your risk profile on a project. Before you sign or bid on your next construction contract, it is wise to have a system to navigate these laws. ConsensusDocs is presenting a webinar on November 9th (Register here), providing a systematic approach to navigating critical construction laws and the latest trends. Specific laws covered will include hot-button state construction laws, such as pay-if-paid, indemnification, prompt pay, and notice requirements.
Is short too short? This article tries to answer that question for construction contracts by delving into the major differences between short-form agreements and regular standard ConsensusDocs contracts.
Introducing "حوإ¼½م½م's Construction Risk Insights," a valuable resource dedicated to enhancing risk management practices and optimizing project success within the construction industry. Check out Issue #1 here. We're thrilled to unveil this newsletter, designed exclusively for the حوإ¼½م½م community. Delve into a wealth of حوإ¼½م½م-focused content encompassing critical areas such as construction contracts, insurance, bonding, safety, labor, environment, finance, technology, and beyond. Join our growing community of industry leaders - subscribe online at /news/newsletter and elevate your risk management expertise with حوإ¼½م½م.
Don’t miss the excitement of Construction Super Conference 2023. Earn educational credits in the conference training classes led by industry experts and leaders.
A growing number of state and local governments have adopted wage theft laws that aim to ensure employees receive full compensation by creating severe penalties. These laws often target the construction industry and impose significant penalties for employers who “misclassify†workers or fail to comply with expanded recordkeeping and notice requirements. Wage theft laws can make general contractors liable for their subcontractors’ or temporary labor brokers’ violations, even if these violations were not reasonably discoverable by the general contractor. Consequences for violating wage theft law can be severe, including fines and even criminal penalties in extreme cases. Some states have upstream liability provisions that can make the project owner liable for wage theft violations. Also, some wage theft laws negate the enforceability of specific contract provisions, while others require certain provisions to be included in contracts.
Termination for cause is costly and adversarial and has been covered in this article. But can a terminating party use equipment and tools left behind on the worksite (i.e., a crane)? The answer depends on what is in your contract.
حوإ¼½م½م of America has released a new state-by-state guide on wage theft laws. The comprehensive resource features information on wage theft laws from across the country in a user-friendly format not widely available from any other source. حوإ¼½م½م members can access the Wage Theft Guide for free on حوإ¼½م½م’s website.
Termination for cause on a construction project is the equivalent of “going nuclear.†Construction is riddled with claims and litigation, and termination for cause litigation may be the costliest.[i] Construction professionals need to be familiar with the termination clauses in their contracts. This article examines the importance of writing an effective termination for cause provision and how the American Institute of Architects (AIA) and ConsensusDocs standard construction contracts differ on this issue.