Construction Bulletin

FREE webinar this Monday: DRI Tool Box Talks presents Pay-if-paid and Pay-when-paid

March 16, 2023

Pay-if-paid and pay-when-paid provisions and their legal effect can have critical consequences for contractors on construction projects when an owner becomes insolvent or fails to pay a general contractor. The way these provisions are interpreted and applied differently in some jurisdictions will be discussed together with caselaw and recent legislation prohibiting or limiting the effect of such…

The Opportunities and Risks of Opportunity Zone Projects

May 30, 2019

Investments are now coming into federal “Opportunity Zones.” The Opportunity Zone program, ushered in by the Tax Cuts and Jobs Act, allows various benefits for investors who reinvest capital gains in these federally designated zones throughout the country. The effect (in theory) is that investment will flow into these areas, which are typically low-income or underutilized, and new projects and…

"Walking in a Winter Wonderland" - Freezing Weather - Are You Protected?

March 7, 2019

“The coldest weather in a generation.” CBS Evening News (January 30, 2019)ⁱ. It is said that the only things in life that are certain are death and taxes – but if you are a construction contractor, or an owner with a tight completion schedule, add to that “bad weather.”

However, cold temperatures and other severe, bad weather do not necessarily entitle the contractor to a time extension.  What’s in…