The U.S. Air Force has awarded firm-fixed-price contracts with a cumulative value of $300 million to six companies to provide construction services for a military ...

Construction contracts may be priced in a number of ways. For most contracts, even those which are "fixed price", there is usually scope for cost/price variability. Four cases from December 2020 ...

Tariffs, trade tensions and material cost escalations are more than just headlines—they are challenges that contractors face every day. In our recent Q&A webinar, we tackled contractors’ pressing ...

The U.S. Navy selected 10 contractors to compete for work under a $15-billion indefinite delivery/indefinite quantity multiple-award construction contract Sept. 10, and separately selected five firms ...

A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...

The Department of Defense said Tuesday the indefinite-delivery/indefinite-quantity contract covers a broad range of construction projects situated on and off military ...

Who doesn’t want to have a detailed and coherent construction agreement in place on every job? It minimizes confusion, makes clear everyone’s respective responsibilities and should reduce disputes.

This is the second part of a two-part article dealing with the most common provisions in construction contracts and the important aspects of each provision. As a reminder, the purpose of a ...

Locating, bidding on and fulfilling a government construction contract is significantly different from the process in private sector construction jobs. Small construction businesses can count on heavy ...

Naval Hospital Guantanamo Bay, which is due to be replaced with a modern ambulatory care center and dental clinic under a contract with DPR-RQ Construction LLC. Photo by Lt. J.G. Justice Curlee/U.S.

Incorporating tariff-specific escalation and change-in-law clauses into contracts helps protect parties from unforeseen cost increases. Legal provisions like force majeure should be tailored to ...

NASA has awarded 24 Multiple Award Construction Contract Two (MACC-II) contracts to 20 small businesses and four large firms for general construction services at NASA’s Stennis Space Center in Bay St.