Negotiating construction contracts is a crucial skill for contractors, design parties, and developers operating in Florida’s bustling construction industry. The ability to navigate these agreements effectively can make the difference between project success and failure. Understand the Importance of Negotiation: Effective construction contracts serve as blueprints for project success, outlining key objectives, requirements, and penalties […]
Tag Archives: Construction Contract Provisions
Uniform Commercial Code in Relation to Construction Law
The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions across the U.S. While it was crafted to bring uniformity to commercial law across states, each state has the discretion to adopt the UCC as it is or with modifications. Florida, like many other states, has incorporated a version of the […]
5 Things to Keep in Mind When Negotiating a Construction Contract
Before beginning a construction project, it’s imperative to craft an ironclad contract that protects all parties. Some things to keep in mind when negotiating a construction contract are: Timeline The timeline for the project is a serious concern. If you are the project owner, you have to ask yourself, is there a specific date […]
Resolution to Payment Disputes in Construction Projects
Construction projects often come with unexpected delays, performance issues, and sometimes payment disputes. As the contractor or developer, it’s imperative to deal with payment disputes before the project begins. You can do so by adding specific provisions and protections in the contract to address payment issues before any arise. Mitigating Payment Issues Everyone involved […]
The Unwitting Waiver of Construction Contract Provisions
What may seem to be an iron clad construction contract provision, may not turn out to be that way in practice–it may depend on the performance of the parties to the contract. Construction project owners need to be aware that courts of law may interpret certain actions or inactions by an owner as constituting a […]