Articles

Nailing Down the Details: The UCC’s Impact on Construction Contracts

A construction contract is generally defined as an agreement between a builder and an owner for the construction or improvement of a building, structure, or other infrastructure. Because the work…

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NASBP Endorses Newly Released ConsensusDocs Joint Venture Line Item Agreement

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Navigating Federal Government Contracts Under Newly Imposed Tariffs

Introduction The imposition of new tariffs can create significant challenges for federal government contractors. Tariffs on imported goods such as steel, aluminum, and other materials may lead to higher procurement…

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Navigating The “Flow-Down” Of Risk Through Multiple Contract Layers

As the name implies, flow-down clauses seek to “flow” (i.e., allocate) obligations and risk from one contract tier to the next. The ostensible purpose is to ensure that the respective…

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Navigating the Executive Order Ending Affirmative Action and DEI for Federal Contractors: Essential Steps for Compliance

Overview of Executive Order 14173 Federal contractors, subcontractors and grantees have until April 21, 2025, to comply with President Trump’s Executive Order (“EO”) 14173 entitled “Ending Illegal Discrimination and Restoring…

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Navigating the Latest Changes in ConsensusDocs Short Forms

ConsensusDocs recently introduced noteworthy updates to its most used prime and subcontract agreements, detailed here.  In this article, we’ll take a closer look at the revisions made to the short…

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Negotiating Material Escalation Clauses

By: Jeanne M. Harrison Associate, Smith Currie & Hancock LLP. Negotiating Material Escalation Clauses I recently bought a new home. One thing I noticed during my house search: new homes are…

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Never accept an AIA A312 performance bond from a subcontractor

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New Certification Requirements for Veteran-Owned Small Business Concerns and Service-Disabled Veteran-owned Small Business Concerns Seeking Public Procurement Contracts

Effective January 1, 2023, Veteran-Owned Small Business Concerns (VOSBs) and Service-Disabled Veteran-Owned Small Business Concerns (SDVOSBs) will be required to obtain Small Business Administration (SBA) certification to participate in any…

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