| CHANGES TO CONSTRUCTION CONTRACTS WITH THE FEDERAL GOVERNMENT |
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| Most construction contracts with the federal government include a clause regarding changes to the contract. Such a clause usually only allows a contracting officer to make changes to the contract that are within the scope of the contract. More... |
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| TERMINATION OF FEDERAL CONSTRUCTION CONTRACTS BASED ON DEFAULT |
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| Construction contracts with the federal government must generally be completed by the scheduled completion date because the government has an interest in its occupancy or use of a project. The government normally secures the completion of the project by the scheduled completion date through performance bonds, penalties for delay, or escrow accounts. More... |
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| Abandonment of Contract |
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| Abandonment of a construction contract can be the result of action (or inaction) by either or both parties to the contract. If both parties abandon the contract, neither may complain that the other breached the contract. On the other hand, if only one party abandons, the other party may have a strong case for breach of contract. Of particular import, public contracts cannot be abandoned; abandonment is only an option for private contracts. More... |
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| INSURANCE ISSUES IN CONSTRUCTION DEFECT CASES |
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| Contractors usually protect themselves from liability to third parties by purchasing general liability insurance policies. General liability insurance policies protect the contractors from damages for accidental bodily injury or for property damage. Most general liability insurance policies contain exclusions for damages as a result of the contractors' own work or products. More... |
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| Withholding Contractor Payments |
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| When a construction project ensues, the contractors are generally paid for their work through a series of progress payments. When the contractor's work is delayed, he may receive reduced payments. Additionally, some owners may go so far as to withhold payments completely for delay in the contractor's performance. More... |
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