Payment provisions sit at the heart of every construction contract. The Housing Grants, Construction and Regeneration Act ...
In this Insight, first published in PLC, Kim Roberts, Katharine Tulloch and Corinna Whittle consider the key changes that parties may want to make to their construction contracts to take account of ...
Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...
As an initial primer: tariffs typically work as a tax, charged on goods purchased and imported to the United States from a foreign country. The tariff is charged as a percentage on the price paid for ...
Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...
Most construction contracts fail to address AI use. Traditional forms—AIA, ConsensusDocs, FIDIC—were not written for a world where autonomous systems influence design or execution. Without updated ...
Artificial intelligence is reshaping how construction firms manage risk, especially in the critical area of contracts. As the industry faces increasing pressure to reduce project delays and legal ...