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2023 Changes to Virginia’s Construction Payment Terms

In April 2022, we discussed new amendments to Virginia’s Prompt Payment Act and Wage Theft statute. Although the 2022 amendments changed payment terms for all construction contracts in Virginia, the amended statutes...more

Now That’s A Steel: VDOT Issues Memorandum for Steel Escalation Price Adjustments

Construction material prices have been extremely volatile, negatively impacting virtually all projects. Recently, VDOT issued guidance on steel escalation, but for VDOT projects only...more

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