As an initial primer: tariffs typically work as a tax, charged on goods purchased and imported to the United States from a foreign country. The tariff is charged as a percentage on the price paid for ...

The U.S. Navy awarded a combined $990 million contract to 12 companies for the procurement of construction services in support of the Pacific Deterrence Initiative ...

The Department of Defense said Tuesday the firm-fixed-price, multiple award construction contract was awarded to the following companies: RQ Construction of Carlsbad, California Centerra Integrated ...

An article on NEC's practice note explaining how the NEC4 Engineering and Construction Contract can be adapted for use as an engineering procurement and construction (EPC) contract. NEC has recently ...

Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...

Although construction loan documents provide protections in favor of the lender as against the project owner, in this article, Kenneth Block and Stuart Rosen demonstrate the need for the lender to ...

Under this arrangement, Parsons will compete for task orders to provide design and construction management services for new facilities, as well as maintenance, renovation, and restoration of existing ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

Artificial intelligence technology that can produce various types of content including text, imagery, audio and synthetic data – generative AI – has taken the world by storm with the recent rollout of ...

Most construction contracts fail to address AI use. Traditional forms—AIA, ConsensusDocs, FIDIC—were not written for a world where autonomous systems influence design or execution. Without updated ...

Artificial intelligence is reshaping how construction firms manage risk, especially in the critical area of contracts. As the industry faces increasing pressure to reduce project delays and legal ...