Most public construction projects, and many private projects, require the general contractor to carry a contract bond: a financial guarantee to the project owner from a "surety underwriter" (surety) that the contractor will meet the contract provisio...
An employee code of conduct contract tells employees what you expect from them. While it doesn't have to be elaborate or long, it is important for large and small businesses.
What is a Code of Conduct?
In your company's code of conduct, you...
Simplicity, not a word always associated with contract law. Contracts in the building industry, however, need conceptual simplicity in order to function as a collaborative agreement rather than a cruel and counterproductive game of "gotcha!".
Th...
IS THAT CONTRACT INSURED?
To be in business means to sign contracts - and every one of those contracts requires that you agree to provide some guarantee. A common question is "will my insurance back me up on those guarantees?"
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The latest of dozens or even hundreds of construction contracts is lying on your desk. They all contain any number of project requirements that you hope your insurance covers. But does it?
Contracts are usually drawn up by legal experts who focus o...