| LABOR AGREEMENTS IN THE CONSTRUCTION INDUSTRY |
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| A contractor in the construction industry is often called upon to enter into agreements with labor unions. The contractor may enter into the labor agreements for many reasons. Some of the reasons include that the contractor needs skilled employees, that the contractor wants to avoid delays as a result of labor problems, or that the contractor has been required to bargain with a labor union as a result of an election.More... |
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| Negotiation of Private Construction Contract |
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| The competitive bidding process is not the only means by which construction contracts can be entered into. Sometimes, it is not a matter of choosing which contractor will perform the construction, but rather merely the particulars surrounding a project that will be performed by an already designated contractor. The negotiation of a private construction contract encompasses everything from what work will be performed at what price to when the construction will begin and end.More... |
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| INDEMNIFICATION PROVISIONS IN CONSTRUCTION CONTRACTS |
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| Indemnification occurs when a person agrees to hold another person harmless from a loss or a liability. Because general contractors often seek to shift responsibility for work that is performed by subcontractors to the subcontractors, most construction contracts contain provisions for indemnification by the subcontractors. Such indemnification provisions usually require the subcontractors to obtain their own insurance for their work.More... |
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| Building Codes |
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| Building codes were instituted to protect the safety and welfare of the public by mandating certain levels of quality in construction. They basically outline design requirements for all facets of construction.More... |
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| Bankruptcy Law - Effect of Bankruptcy on Construction Project |
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| When a general contractor, subcontractor, or supplier cannot pay its debts in the ordinary course of business and files for bankruptcy, there can be substantial ramifications to the construction project. The completion of the project itself can be jeopardized, and payment for the services or materials already received or contracted for is most certainly affected.More... |
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