Artificial Intelligence will impact construction in ways that are both predictable and unexpected. Similar to technologies such as Building Information Modeling (BIM) and GPS, the use of AI hopes to make construction safer,...more
2/18/2025
/ Arbitration ,
Artificial Intelligence ,
Automation Systems ,
Construction Contracts ,
Construction Industry ,
Contract Terms ,
Dispute Resolution ,
Insurance Contracts ,
Insurance Industry ,
Liability Insurance ,
Machine Learning ,
Risk Management ,
Technology ,
Technology Sector
President Trump’s prospective assessment of 25% tariffs on certain materials coming from Canada and Mexico, and prospective 10% tariffs on certain material from China, may increase contractor costs in fulfillment of...more
2/4/2025
/ Canada ,
China ,
Construction Contracts ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Contractors ,
International Trade ,
Mexico ,
Subcontractors ,
Supply Chain ,
Tariffs ,
Trade Relations
The COVID-19 coronavirus is impacting every aspect of the economy, and construction will not be exempt. Materials and deliveries may be slowed, crews quarantined and unavailable, and projects delayed. We view COVID-19 as an...more
Steel and other construction material tariffs necessitate careful evaluation and allocation of project cost and schedule risks. For example, when steel costs increased suddenly based solely on presidential executive orders,...more
5/3/2019
/ Bids ,
Construction Industry ,
Construction Project ,
Contract Terms ,
Cost Allocation ,
Default ,
Force Majeure Clause ,
Material Suppliers ,
Request for Proposals ,
Right To Cure ,
Risk Allocation ,
Risk Mitigation ,
Steel Industry ,
Subcontractors ,
Tariffs ,
Transaction Costs ,
Written Notice