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Weathering the Storm—Part 1: Understanding Liquidated and Consequential Damages in Construction Contracts

When project delays occur due to natural disasters, the financial implications can be severe. Construction stakeholders often focus on immediate physical damages while overlooking the potentially devastating impact of...more

It Doesn’t Pay to Delay: Prompt Payment Acts in Texas

If an owner or general contractor fails to timely pay on a project, you may be entitled to prompt pay interest. Prompt payment acts are intended to deter late payments by general contractors and owners by enabling contractors...more

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