It is readily apparent that – if a project is delayed – the contractor is losing money. The increased direct costs associated with the labor [...]
A recurring problem in the construction industry is the failure of owners to issue timely payments. The problem not only affects contractors but also the [...]
On October 1, 2004, acting through its Department of Administrative Services (“DAS”), the State of Connecticut implemented a prequalification program for all contractors bidding on [...]
In recent years, Owner Controlled Insurance Programs (“OCIP”) have become more prevalent in public and private construction projects. An OCIP “is a class of ‘wrap-up’ [...]
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