Construction Law
| Construction of Institutional Facility in Residential Area |
|
| In order to help individuals with special needs adjust to mainstream life, home environments are being constructed for them in residential areas. These group homes allow for a few people with similar needs and conditions to live, interact, and be cared for outside the traditional "institutional" environment. Federal and state governments have enacted laws specifically addressing the issue of exclusion. More... |
|
|
| Progress Payments |
|
| Interim payments throughout construction, known as progress payments, are designed to not only ensure prompt payment to the contractor but also provide an incentive for steady and incremental completion of construction phases. Even though progress payments may be made, the owner will not usually pay one hundred percent of the amount due. Rather, a percentage of the amount due will be rendered with a small portion being withheld until final completion. More... |
|
|
| Impact Fees |
|
| Municipalities assess impact fees against new land developments in order to fund the extension of public services and facilities to the development. The fee, which is paid by the developer, covers a part of the costs that the municipality will incur in providing the necessary facilities. Such facilities can include transportation lines, water and sewer systems, public thoroughfares, schools, and police and fire stations. More... |
|
|
| WHAT IS A SURETY BOND? |
|
| A surety bond is a document that guarantees the obligations under a construction contract. The surety bond is similar to an insurance policy in that it protects the parties who are involved in the construction contract. Surety bonds are issued by a surety company. More... |
|
|
| Punitive Damages in Construction Dispute Context |
|
| Punitive damages are intended to serve as punishment to a wrongdoer and to deter others from engaging in the same wrongful conduct instead of merely compensating the injured party for his losses. Punitive damages are normally awarded in the tort context. Thus, they are rarely recovered in construction disputes given the, normally, contractual nature of the conflict. More... |
|
|