Construction Law
| WHAT IS A SURETY BOND? |
|
| A surety bond is a document that guarantees the obligations under a construction contract. The surety bond is similar to an insurance policy in that it protects the parties who are involved in the construction contract. Surety bonds are issued by a surety company. More... |
|
|
| Fast-Track Construction |
|
| Though time is generally "of the essence" in all construction contracts, when fast-track construction is contemplated time is critically of the essence. Fast-track construction is basically construction accomplished in phases, which begins before the completion of the plans and specifications. More... |
|
|
| LAWS REGARDING PRIVATIZATION OF A CONSTRUCTION PROJECT |
|
| When a developer or a contractor decides to privately design, build, finance, and operate a public construction project in another country, the developer or the contractor must examine the country's laws in order to determine whether privatization is permitted. Although many countries have enacted laws to encourage privatization of public construction projects, the developer or the contractor must ensure that he or she will not be excluded from participating in the project or that he or she will not be required to enter into a joint venture with a local corporation in order to complete the project. More... |
|
|
| Preparing for a Home Improvement Project - Homeowner Tips |
|
| The time spent in preparation for a home improvement project is critical to obtaining a satisfactory outcome. From conceptualizing the finished project to choosing a contractor, the more prepared a homeowner is, the better. Following are tips for homeowners who are planning a home improvement project. More... |
|
|
| A DESIGN PROFESSIONAL'S DUTIES TO CONSTRUCTION WORKERS |
|
| Although a design professional does not enter into contracts with construction workers, which workers generally are employed by contractors or subcontractors, the design professional may be responsible for damages if the workers are injured on a construction project. The design professional's responsibility with regard to the workers generally depends upon whether the design professional had the ability to stop the construction project or had the ability to reject work that was being performed on the construction project. More... |
|
|