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A Contractor’s Perspective on the Initial Decision Maker in Construction Contracts

Jimerson Firm

In the ever-evolving realm of construction contracts, navigating the contractual dispute resolution procedures can pose significant challenges for contractors. Does it align with the unique challenges and nuances faced by contractors in construction law and industry practices? This alignment is crucial for effective dispute resolution.

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Collection Agency for Construction Equipment Rental

Nexa Collect

Construction equipment companies have an ongoing requirement for debt collection from businesses (and sometimes individuals) who do not pay the agreed-upon rental dues on time.

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Construction Shop Drawing Review and Approval – Who Owns the Risk?

Jimerson Firm

Shop drawings play a vital role in construction projects. Comprehensive construction contracts may define shop drawings to include diagrams, illustrations, schedules, and other data or information that are prepared or assembled by or for the contractor to illustrate some portion of a parties’ scope of work. United States v.

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Navigating Temporary Construction Easements in Florida’s Eminent Domain Process

Jimerson Firm

Eminent domain in Florida often takes center stage when government entities embark on construction projects of public importance. These projects can range from essential road widening initiatives and the construction of new sidewalks to the installation of underground and above-ground utilities and more.

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New Florida Statute Changes Retainage and Prompt Pay Requirements on State and Local Government Construction Projects

Jimerson Firm

On May 25, 2023, Florida Governor Ron DeSantis signed into law Senate Bill 346 (“SB 346”), which makes substantial changes to Florida construction law regarding prompt payment and retainage requirements on contracts between state and local governments and construction contractors on Florida construction projects for these governmental entities.

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Construction Contractors Beware the Consequences of Consequential Damages

Jimerson Firm

Consequential damages for breach of a construction contract are a significant risk that contractors need to understand and be aware of in connection with construction projects. For example, suppose a contractor is required to complete the construction of a 250-unit apartment complex within 9 months. 1] Keystone Airpark Auth.

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Startling rise in construction firm recovery loan defaults

UK debt collections

A startling rise in construction firms defaulting on covid loans could signal a wave of future business failures. The default rate in construction is 2.5% – more than twice the default rate of some other sectors, such as arts and entertainment (1.3%) and healthcare (0.8%).