Kenneth Block | Tannenbaum Helpern Syracuse & Hirschtritt When an owner requires a contractor to post a payment and performance bond, the contractor, invariably, provides a bond in the form of AIA Document A312-2010. The payment portion of the bond is primarily for the benefit of the contractor’s subcontractors and allows the subcontractors to make… Continue reading Pitfalls of the AIA Form of Performance Bond
Category: Construction Contracts
Mitigating Risks in Generative AI Integration: The Importance of Indemnification Provisions
Devin Bates | Mitchell, Williams, Selig, Gates & Woodyard In today’s rapidly evolving technological landscape, the integration of generative AI (“GAI”) has become increasingly prevalent across various professions and industries. From enhancing customer experiences to streamlining business operations, GAI offers immense potential for efficiency. Along with its benefits, however, come inherent risks and challenges that… Continue reading Mitigating Risks in Generative AI Integration: The Importance of Indemnification Provisions
Navigating Threshold Arbitration Issues in Construction Contracts
Daniel D. McMillan, TJ Auner and Marcus Quintanilla | The Dispute Resolver Including an arbitration clause in your construction contract may not mean that your dispute will be confined to arbitration. Instead, parties often find themselves in court litigating threshold issues related to the existence and/or enforceability of an arbitration clause. Common issues include whether… Continue reading Navigating Threshold Arbitration Issues in Construction Contracts
Construction Contracts
Matthew Zwiren | LI Legal Construction projects are all very unique. They can differ in many respects, including: When negotiating these terms, it is important to pay close attention to the details, as they can make a very big difference when it comes to construction contracts. In every construction contract, there are a few key… Continue reading Construction Contracts
A Termination for Convenience is not a Termination for Default
David Adelstein | Florida Construction Law Updates A termination for convenience is NOT a termination for default. They are NOT the same. They should NOT be treated as the same. I am a huge proponent of termination for convenience provisions because sometimes a party needs to be able to exercise a termination for convenience, but… Continue reading A Termination for Convenience is not a Termination for Default