As discussed in Part 1 of this series, design professionals face significant exposure for claims arising out of alleged errors and omissions in ...
A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.
An essential element of architect and engineer contracts with their clients is the treatment of risk sharing between the parties. Design professionals who are typically simply providing services for a ...
Owners continue to award more consruction projects under design-build contracts, a new study by the Design-Build Institute of America and consultant FMI concludes. According to the study, if ...