Disputes – from payment issues to work stoppages – can damage any construction project. While you can't prevent every dispute, a strong resolution clause protects your interests. When drafting your contracts, there are three things you need to keep in mind. Time is...
Construction Contracts
How do warranty claims work in construction contracts?
Warranties are an important part of construction contracts. They provide assurance that the work performed meets certain standards and that any defects will be corrected. Understanding how warranty claims work can help both contractors and property owners address...
What can contractors do if a construction contract ends unfairly?
Contractors count on stable contracts to finish projects and stay financially healthy. But when a construction contract ends unfairly, it causes big problems like losing money and damaging a contractor's reputation. Knowing the legal options helps contractors deal...
The importance of change orders in home improvement projects
From bathroom renovations to deck installations, home improvement projects are often more complicated and extensive than clients expect. Contractors know that endeavors like these often require flexibility. Contracts often include provisions for change, but unexpected...
When is a home improvement contract necessary?
Hiring a professional to work on your home or residential unit can require more than finding someone with the right skills. Sometimes, a home improvement project becomes subject to various construction laws, protecting the homeowner and the contractor. These policies...
What to do if a contractor violates your construction contract
When a contractor breaches a construction contract, it can be a source of stress and inconvenience. Depending on the situation, the violation may even increase the cost of completing the project. Knowing what steps to take under such circumstances should help to...
How small construction businesses can tackle retainage issues
Are you a contractor dealing with retainage issues in New Jersey? You're not alone. Retainage, or retention, is a common practice in the construction industry that can lead to significant challenges for you and your business. It involves holding back a portion of the...
Should construction contracts include delays?
The construction business is a complex field. Aside from meeting your client’s demands, having a cost-effective management strategy helps generate profits. However, there will always be unforeseen events that could cause delays, affecting your construction project’s...
What are the common causes of payment disputes in construction?
In the construction industry, payment disputes are all too common. When contractors complete their work, they naturally expect due payment. However, various disagreements may arise, leading to delays and strained relationships. Sometimes, it may even lead to potential...
5 key elements of a construction contract
A well-structured contract ensures a successful and mutually beneficial partnership between the parties involved in a construction project. To safeguard the interests of both the contractor and the client, it is important to include several key elements in the...