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The Lucky 7 – Construction Contract Must-Haves for...
Managing construction risks is crucial for project owners. A successful construction project—one that finishes on time, within budget and without defects in design or construction—is the utmost... -
Fostering Constructive Collaboration in a post-COVID...
How can project owners and contractors safeguard the project, their budget and their business? After COVID-19 struck in 2020, the cost of construction and building materials skyrocketed, driving up... -
Construction Law Alert: Supreme Court Says Condo...
On July 18, 2022, in Crystal Point Condominium Association, Inc. v. Kinsale Insurance Company, (a-76-20) (085606), the New Jersey Supreme Court unanimously concurred with an Appellate Division... -
Why private construction jobs are requiring surety bonds,...
Public construction projects almost always require surety bonds. As a type of insurance, bonds protect the government if the wheels come off a project, or the contractor absconds with the funds.... -
Appellate Division Turns Up the Heat on General Contractors ...
The Appellate Division recently turned up the heat on general contractors who fail to pay subcontractors forcing them to incur legal fees to prosecute their legitimate claims. In JHC Industrial... -
Owners and Sureties: An Odd Couple, but It Works...
When a contractor is in default, should the property owner partner with the surety to complete the project? Or are their interests hopelessly... -
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Construction Trends: Surety Bonds on Private Construction...
Private project owners have become increasingly interested in taking advantage of the same protections that public owners historically have had, by requiring surety bonds. While the cost can be a... -
Navigating Surety Performance and Payment Bonds: What To...
Real estate development and construction projects regularly require payment and performance bonds from contractors that are seeking to be hired for a project. There are many misconceptions about what...