Laura Bowman, Mark Evans, Brock Miskimen, Casey Rieth and Leah Thorsen | Bricker Graydon Updated 02.20.2024 I Original Publication 08.20.2023 Effective October 3, 2023, the threshold amount for rejecting bids when they exceed the original construction estimate will increase for certain Ohio public entities. Previously, Ohio Revised Code (ORC)153.12 specified that no public owner, including… Continue reading Key Changes to Ohio Construction Law for Certain Public Entities Beginning October 3, 2023 – Update
Category: Insurance Estimates
The Word “Estimate” in a Contract Matters as to a Completion Date
David Adelstein | Florida Construction Legal Updates Language in a contract matters. The word “estimates” or “estimated” matters particularly when it comes to a date certain such as a substantial completion or completion date. Remember this. Here is an example. In Parque Towers Developers, LLC v. Pilac Management, Ltd., 49 Fla.L.Weekly D190a (Fla. 3d DCA 2024), a trial court… Continue reading The Word “Estimate” in a Contract Matters as to a Completion Date
Benefits Of Using Construction Estimates When Executing Successful Projects
David A. Pogorilich and Brett Trudeau | Ankura Consulting Group What A Construction Estimate Is And What It Is Not A construction estimate is an educated guess based on experience and industry standards as to what a specific project with a specific scope of work may cost in a particular area of the country during… Continue reading Benefits Of Using Construction Estimates When Executing Successful Projects
Insurers Slashed Hurricane Ian Payouts Far Below Damage Estimates, Documents and Insiders Reveal
Brianna Sacks | Washington Post A Washington Post investigation has found that some policyholders had their claims cut by more than 80 percent When insurance adjuster Jordan Lee entered the cream-colored house battered by Hurricane Ian, the smell from the rain-soaked carpet made it hard to breathe. Piles of pink insulation covered the worn, white… Continue reading Insurers Slashed Hurricane Ian Payouts Far Below Damage Estimates, Documents and Insiders Reveal
To Estimate or Not to Estimate, that is the Question
Kyle F. Arendsen and Christopher J. Giaimo | Squire Patton Boggs Is there any downside to a debtor filing a motion to estimate a claim? Or, is an estimation motion simply procedural in nature? As the debtors recently discovered in In re SC SJ Holdings LLC, a motion to estimate a claim before a bankruptcy court… Continue reading To Estimate or Not to Estimate, that is the Question