The standard construction contract with the City of New York contains a number of provisions that allow the city to retain a portion of payments on a project.
The typical retainage “holdback,” where the city…more
Insurance specifications are routinely utilized by both general contractors and construction managers in their standard subcontracts. Among those are the following five key insurance-related provisions which require careful…more
In many types of businesses, it is customary for contracts to require that the upstream parties in the business relationship be made “Additional Insureds” under the downstream parties’ policies of insurance…more
Over the last year, we have advised, through our many programs and articles, that DBE and M/WBE goals and monitoring are the “hot” issues in public contracting and continue to be a priority high on the agendas of…more
The typical construction agreement requires specific types and amounts of insurance coverage. Your subcontract will designate the types of insurance required (i.e., general liability, workers’ compensation, auto,…more
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