At Nexsen Pruet, we frequently review construction contracts and address concerns and questions about them. We negotiate, review, and customize contracts on everything from standard industry ...
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[This is Part I of a four-part series discussing the new AIA 2017 forms. Part II will discuss the general conditions to the construction contract (A201-2017); Part III will discuss the Owner—Architect ...
Before 2007, frequently used American Institute of Architects construction contract forms provided for arbitration of contract disputes to be administered by the American Arbitration Association.
The AIA Documents Committee has revamped standard contract documents regarding Building Information Modeling (BIM) and other digital data. The first standard forms for BIM were released a decade ago, ...
A model clause addressing climate-conscious waste management practices for a government construction project that government entities may incorporate into their own construction contract forms or ...
A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...
Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look further ...