Category Archives: Construction Contracts
D.R. Horton Complaints Mount: How Contractors Can Learn From These Mistakes
D.R. Horton is known as “America’s Builder,” but a lot of homeowners aren’t feeling the love. Across the country, customers who have bought new homes from D.R. Horton are dealing with massive problems. They feel unsafe in their own homes and the issues are taking a huge financial toll. On top of that, the… Read More »
Important Parts of a Construction Contract
If you are a contractor or a frequent client of construction projects, you know that construction contracts can be daunting. They can be multiple pages long and contain a lot of confusing jargon. While you should always read the entire contract, what should you focus on? Here are some of the most important parts… Read More »
Types of Damages in Construction Contract
When it comes to construction projects, there’s bound to be some sort of disagreement or conflict along the way. This is especially true for larger residential projects, as homeowners can be quite critical and discerning. Because of this, a contract can be a contractor’s best friend. This legal document outlines the terms and conditions… Read More »
Can a Client Sue a Late Contractor?
As a contractor, you know that delays are common in the construction industry. There’s always something holding up the project. Maybe permits are taking forever to get approved. Perhaps the materials you ordered are now on backorder. Maybe there is miscommunication with the client. Or perhaps poor weather such as rain and snow is… Read More »
Why You Shouldn’t Use Outdated Construction Contracts
Are you using the most current construction contracts? If you’re not sure, you better double-check because there could be dangers in using outdated contracts. A Supreme Court decision proved this. The court found an arbitration provision unenforceable when the contract stated that all claims “shall be submitted to arbitration before the Southern Arbitration and… Read More »
What is an Act of God?
The construction industry can be complicated due to the processes and terminology involved. One thing that is common in construction contracts is mention of an “act of God.” An act of God typically refers to an unforeseeable event that is beyond the control of the parties involved in a construction project. Acts of God… Read More »
Cost-Plus Contracts in Florida Construction Projects
Florida construction contractors know that business has been booming in recent years, and the trends look to continue according to industry experts. Statistics indicate that up to 60 percent of construction company executives forecast expansion throughout 2023. By 2024, new construction is predicted to reach $1.23 trillion. To ensure you get your piece of… Read More »
Why You Need Legal Review For Florida Construction Contracts
Florida construction contractors are busy these days, but the data reveals that growth trends are likely to continue and even increase. Statistics on construction in Florida show that revenue in this market sector is projected to hit $87.32 billion in 2023. Going forward, industry experts forecast an annual growth rate of 3.47 percent in… Read More »
5 Key Clauses In A Florida Construction Contract
Construction is a primary driver in the US economy, especially in Florida and Palm Beach County where it seems like multiple new developments are kicking off every week. According to the Associated General Contractors of America (AGC), the industry comprises more than 745,000 employees with 7.6 million construction workers on staff. Construction projects total… Read More »
Types Of Construction Contract Specifications
Florida construction projects are built upon contracts, as the rights and obligations of all involved parties are too important to entrust to a handshake agreement. The documentation must be as meticulous as possible to ensure the client is satisfied with the end result, so construction contracts include a specifications section that lays out the… Read More »
