Complete Guide to Guaranteed Maximum Price (GMP) Contracts in Construction
Guaranteed Maximum Price (GMP) contracts are commonly used in many industries, but they have particular considerations when applied to construction [...]
Lump Sum Contracts in Construction: Everything You Need to Know
A lump sum contract is a fixed-price agreement where the contractor completes a project for a set price, regardless of [...]
Construction Contracts: 6 Key Types, Clauses, and Tips for 2024
A construction contract is a formal agreement between parties, usually a contractor and a client, that outlines the terms, expectations, [...]
Complete Guide to Subcontractor Lien Waivers: Types, Importance, and How to Use Them
If you’re a subcontractor or general contractor, understanding subcontractor lien waivers is crucial for protecting your work and payments in [...]