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TYPES OF WARRANTIES IN CONSTRUCTION CONTRACTS

A warranty is a representation or a promise that a certain fact is true. The two types of warranties in construction contracts are express warranties and implied warranties. Express warranties are representations or promises...

Status as General Contractor or Subcontractor

General Contractor

The general contractor (aka prime contractor) is generally responsible for the timely completion of the construction project in accordance with the plans and specifications, as outlined in...

Designation of Property as "Historical"

In order for a property to be officially recognized as "historical" by the federal government, with all the attendant benefits and responsibilities that come with such a designation, the property must be listed in the National Register of...

Invitation to Bid/Request for Proposals

Construction projects are often awarded as a result of the bid selection process. To initiate this process, owners will either provide an invitation to bid (ITB) or a request for proposals (RFP) depending on the nature of the project and the...

CONCILIATION AND MEDIATION IN GLOBAL CONSTRUCTION CONTRACTS

Some global construction contracts provide for conciliation and mediation in the event of a dispute. Conciliation and mediation is different from arbitration. Conciliation and mediation is a process by which a neutral...