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Best Practices - Managing Payments for Off-Site Construction
Managing payments in construction can be challenging, especially when dealing with off-site construction techniques like modular construction. Recently, I came across an insightful article on Lexology suggesting that developers or owners might need to pay for prefabricated modules before their delivery to the job site. While I certainly understand why this may be necessary, I believe it’s crucial…
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Best Practices - Advanced Payments in Construction - When Should You Allow Them?
Best Practices - Advanced Payments in Construction - When Should You Allow Them? You should bear that in mind and recognize that your payment is always a form of reimbursement.
An article in Lexology caught my eye Today. It’s a blog entry from the legal firm of Arthur Cox. Arthur Cox is a law firm in Ireland that appears to have at least some of it’s practice in construction law. The blog from Arthur Cox addresses the spectacular failure of Carillion. You may recall my article on the failure of Carillion and a few other large Construction firms around the world.
Cox…
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