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...
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...
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...
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...
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...
The bidding process is important to obtain construction services and to make sure that a project is completed on time and on budget with a reputable contractor. However, occasionally there are bid disputes that need to be resolved between the project planner and the...
When a contractor performs work, they expect that they will be paid in full before moving on to the next project. However, there are common reasons a contractor may not be paid as well as options to address it. Common issues Contractors may have a dispute with their...
As a contractor, getting payment on time is not always easy. When buyers do not make their payment deadlines, it can create a headache that can keep you from finishing the work. Construction dispute resolution is one way to ease the aggravation of legal action over...
Business disputes that go to trial are lengthy and expensive. This makes alternative dispute resolution a way for your company to save time and money. The state does not require two parties to use ARD to avoid a court case. However, New Jersey has the Alternative...
When discussing details for even a minor construction project, it can be difficult to ensure all parties are on the same page. After all, seemingly plain-language words might mean something different to you, your suppliers and your customers or clients. According to...
