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Fixed Price Contracts Contractors Subcontractors

Smith Debnam Narron Drake Saintsing & Myers,...

Understanding the Basics of a Construction Contract

Construction contracts are essential in the construction industry, governing the relationships and responsibilities of all parties involved in a project. Whether you’re a contractor, subcontractor, or property owner,...more

McGuireWoods LLP

Incorporating Excusable Delays Into Firm Fixed-Price Subcontracts May Create Liability

McGuireWoods LLP on

In L3Harris Maritime Services, Inc f/k/a L-3 Unidyne, Inc. v. BAE Systems, Norfolk Ship Repair Inc., U.S. Magistrate Judge Robert Krask from the Norfolk Division of the Eastern District of Virginia recently held that, even in...more

Husch Blackwell LLP

Inflation Adjustments for Defense Contractors Under Section 822 of the 2023 NDAA

Husch Blackwell LLP on

Section 822 of the 2023 National Defense Authorization Act, Public Law No. 117-7776 (Dec. 23, 2022) provides new authority for some defense contractors and subcontractors to obtain price increases that address the impacts of...more

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