Getting a construction loan can be more complex than most other types of loans, even for construction companies. Financial institutions often require a lot of information and requirements because of the fact that their collateral is often not in existence until after the construction project has been completed (a building, home, ect). One important part […]
Whether building a small home or a skyscraper, construction projects are always very complex. They involve multiple parties, including the architect, the construction company, sub-contractors, the customer, and many others. With all these different parties working on a single project, it is really surprising that disputes aren’t more common than they are. Years ago, most […]
When beginning most types of construction projects, it is a good idea (if not a requirement) to have assurances in place that the job will be completed properly, and that everyone involved with the project will get paid properly. There are a variety of ways to do this, the most common of which are to […]
Should you enter into a construction contract if you’re uncertain about the terms? You might prefer to trust that everything will go smoothly, but in reality, any number of things can go wrong when you start a new construction project. It’s worth checking your contract for any possible error or flaw. If you do, you […]
The most important decision you’ll make during the renovation or home-building process is which contractor you choose to hire. This decision can be as difficult as it is important. Choose the wrong contractor, and your project could be delayed and poorly executed. The work may even have to be redone entirely. Choose the right contractor, […]
As we have discussed in a previous blog, there are a number of pros and cons to utilizing arbitration as a means of resolving a construction-related dispute. In many circumstances, this type of Alternative Dispute Resolution (ADR) can be a highly effective means of achieving an efficient and effective resolution which is beneficial for all […]
We live in a highly litigious society, and the complex nature of construction projects all but ensures a high probability that a dispute and potential litigation may occur. However, there are a number of different factors you should consider before jumping into a potential detrimental legal battle. No matter your relationship to the construction project, […]
Our law firm works hard to keep construction contractors well-informed of the various steps they can take to mitigate the numerous legal risks inherent in the construction process. On this blog we often write about the contracts and other types of documentation you should use as well as the various potential mistakes and pitfalls you […]
If you work in construction, there is no doubt that you probably have a massive workload. And no matter your profession, no one likes to exacerbate their workload with extra paperwork. However, when it comes to construction contracting, whether you are a prime or subcontractor, there are certain field documents that are absolutely vital to […]
Construction work tends to be one of the most dangerous forms of work for employees in the US, and as an employer, you are ultimately responsible for the health and safety of your workers. The nature of unfinished construction—such as moving and securing large and heavy materials, exposed electrical systems, and numerous other hazards—involves a […]
Getting funding for a construction project, residential or commercial, is quite a different process than obtaining a standard mortgage on an existing property. That’s because funding a construction project is much more complex than a relatively cut and dry purchase of property. A construction project will have its own requirements and needs for financing—which is […]
Construction projects lend themselves to the filing of claims and lawsuits unless everything relating to the construction project goes exactly as planned. In order to avoid claims and lawsuits, the contractor must avoid change orders, must avoid shortage of materials and labor, avoid delays of all kind whether it is payment, labor material, permitting and […]
Arbitration is increasingly being adopted and accepted in the construction industry as the go-to for settling disputes due to perceptions regarding the benefits of arbitration over litigation. Chapter 682 of the Florida Statutes governs the state’s Arbitration Code, and it grants authority to voluntary binding arbitration. Generally speaking, this means that if two or more […]
When it comes to getting everyone paid on a construction project, there can oftentimes be a significant amount of risk and potential for nonpayment. In general, there is a hierarchy of who is most likely to get paid, and subcontractors are usually at the bottom of the totem poll. This is especially true if the […]
Whether you own a construction company that has been contracted to perform a job, or you are a property owner who has hired a contractor, there may come a time where you need to terminate your relationship with the other. Construction projects can go bad for a number of reasons. There may be financial difficulties, […]
When a construction material supplier’s has not been paid for the work done on a construction project, the material supplier may seek remedies through lien rights under Florida’s Construction Lien Law, Section 713.001-37, Florida Statues. The purpose of the Florida Construction Lien Law is to protect construction material suppliers from nonpayment, but strict compliance with […]
Typically, when a general contractor is approved for a construction loan, that does not mean the lender is going to disburse the entirety of the loan at once. The loan disbursement process for construction loans is incredibly involved, and will usually follow a predetermined scheduled based on milestones in the construction project. Contractors will be […]
We’ve said it before and we will say it again: if you are a contractor, hiring a contractor, or you are involved in the business of construction in any way, you cannot afford to neglect utilizing strong, thorough contracts in your business dealings. There is simply too much at stake and too much that can […]
If you are a Florida contractor or you utilize contractors in your construction projects, then it is essential that you understand Florida Statute 713. This statute lays out Florida state law with regard to liens, and more specifically for our purposes, construction liens. The dictionary definition of a lien is “a charge upon real or […]
When contractors encounter owner-caused delay, they are typically entitled to recover both time and damages. While direct delay damages like increased equipment costs, incresed labor costs and material escalation costs are fairly easily calculated, indirect costs such as office overhead or general conditions costs are far less so. There are several methods for calculating office overhead […]
