Stephanie Union and Peter Berg cover the nuts and bolts of construction financial management. They explain the steps and best practices for prompt collection while giving practical tips and techniques for owners, executives and key financial personnel involved in the collection process. Learn more here.
Massachusetts Court Finds Public Owner Gave Implied Warranty Regarding Designer’s Plans and Specifications on a CM-at-Risk Project
In a September 2, 2015 decision, the Massachusetts Supreme Court bolstered the Spearin Doctrine when it found that a public owner had impliedly warranted the plans and specifications for a project constructed under the construction manager-at-risk delivery system. See Coghlin Elec. Contractors, Inc. v. Gilbane Bldg. Co., 2015 WL 5123135 (Sept. 2, 2015). This case […]
Bonds on Ohio P3s – Public-Private Partnerships
The funding of construction projects for public use through public-private partnerships (known as “P3s”) is increasing at all levels, including on federal and federally funded projects. Typically, the public entity will provide the land and authorize the private entity to design, build and frequently operate the resulting public work. In trying to maximize the incentives […]
Five Steps to Take When Your Customer Files for Bankruptcy
If you find yourself dealing with the bankruptcy of a general contractor for whom you are working or an owner of a project, the tips I shared in this article are applicable to you too. It should also be noted that you would still have lien rights pursuant to state law and the ability to preserve […]
Failure to Scrutinize Employee Background Can Prove Costly
With the proliferation of social media outlets and job search engines, including LinkedIn, Twitter, Monster.com, glassdoor and even Facebook, it is as easy as ever to get your resume in front of prospective employers. These websites are expertly designed to highlight credentials, strengths, connections and interests before a broad audience. Employers also benefit from these […]