News & Analysis as of

Construction Contracts Private Sector

BCLP

Key Developments and Changes in Comparison With the Existing Contractual Security of Payment Regime: Construction Industry...

BCLP on

In May 2024, the Hong Kong Government introduced the Construction Industry Security of Payment Bill (Bill) to the Legislative Council for first reading. If the Bill is passed into law, the Bill will introduce a statutory...more

Williams Mullen

New Virginia Prompt Payment Statutes Invalidate Most 'Pay When Paid' Clauses

Williams Mullen on

On April 27, 2022, the Virginia General Assembly passed Senate Bill 550, which makes “pay when paid” and “pay if paid” clauses unenforceable in most circumstances and requires both public and private construction contracts to...more

Smith Anderson

Impact of COVID-19 on Real Estate, Construction and Supply Contracts

Smith Anderson on

As coronavirus (COVID-19) continues to disrupt lives and businesses, it is important to consider how it may affect your real estate, construction, and supply businesses. Every situation and contract will be different, so it...more

Snell & Wilmer

Overview of the ConsensusDocs® 900 Public-Private Partnership (P3) Agreement and General Conditions

Snell & Wilmer on

Many of our readers are aware of the ConsensusDocs family of construction industry contract templates from prior articles in this newsletter as well as our seminars to clients and industry groups. These templates have been...more

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