Steel and other construction material tariffs necessitate careful evaluation and allocation of project cost and schedule risks. For example, when steel costs increased suddenly based solely on presidential executive orders,...more
5/3/2019
/ Bids ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Cost Allocation ,
Default ,
Force Majeure Clause ,
Material Suppliers ,
Request for Proposals ,
Right To Cure ,
Risk Allocation ,
Risk Mitigation ,
Steel Industry ,
Subcontractors ,
Tariffs ,
Transaction Costs ,
Written Notice
While electronic funds transfer is considered a convenient and quicker way to process payments and receive funds on construction projects, this practice presents significant risk to project participants. Contractual and...more
5/1/2019
/ Bank Accounts ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Electronic Fund Transfer Act ,
Email ,
Fraud ,
Fraudulent Wire Transfers ,
Payment Processors ,
Phishing Scams ,
Popular ,
Property Owners ,
Risk Assessment ,
Risk Mitigation ,
Theft