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Fixed Price Contracts Delays Contractors

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

Porter Hedges LLP

A Cautionary Tale For Contractors: Releases In Contract Modifications And Preservation Of Claims

Porter Hedges LLP on

The Houston First Court of Appeals of Texas recently affirmed a trial court’s decision wiping out a whopping $17 million claim brought by a contractor against an owner for acceleration costs, holding that the claim was barred...more

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