25Jun
Seeking Certainty in Uncertain Times: Employing Cost-Plus Construction Contracts in 2020
With the uncertainty of COVID-19 impacting construction projects in new and unfamiliar ways, choosing the right construction contract format has never been more important. A cost-plus contract — also known as a cost-reimbursement contract — can offer an attractive project format in the current construction environment. Defining project costs and expense using projected and agreed upon costs can be particularly attractive for both owners and contractors in roiling social and economic...
By:
Faegre Drinker Biddle & Reath LLP
Source Url: https://www.jdsupra.com/legalnews/seeking-certainty-in-uncertain-times-84924/
Related
Our Employee Benefits & Executive Compensation Group reviews the multiple year-end notices that defi...
Read More >
After an initial delay, payroll and wage withholdings to fund the Massachusetts paid family and medi...
Read More >
Do you think that there is a difference between "furnishing" labor and "performing" labor? (Is there...
Read More >
In Fairstone Financial Holdings Inc v Duo Bank of Canada, Koehnen J. of the Ontario Superior Court o...
Read More >
The new National Security and Investment Bill, which aims to provide the Government with the necessa...
Read More >
A federal judge in Sacramento has continued an order that temporarily bars the State of California f...
Read More >