Potential Liability With Cost-Plus Construction Contracts

What is a cost-plus construction contract? A cost-plus construction contract is a contract in which a contractor agrees to be paid for all of his costs including a certain percentage for his expenses and profit. The pros vs. the cons of cost-plus construction contract format are a business decision, but cost-plus construction contract also raises legal issues contractors should be aware of before agreeing.

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Construction Contract Document Conflict

 

Given the large number and variety of documents required to administer a construction project today (plans, specifications, contracts, etc.), the likelihood of discrepancies arising between these different sources is almost unavoidable.

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Scaffold Law Claims Against Contractors Continue To Increase

 

Few topics in construction law are more controversial than Labor Law Section 240, better known as the Scaffold Law, which imposes absolute liability on contractors, property owners, and their agents for elevation-related injuries to construction workers. The number of Scaffold Law cases has increased by 500% since 1990.[1]

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The Importance of Cleaning Construction Waste

 

Everybody loves an exciting renovation project. Whether it’s finishing floors, replacing drywall, or even as simple as painting the walls. When it comes to such projects, there will be debris left behind. Construction waste is any “trash” on a job site from leftover materials. Some of these materials could contain harmful chemicals such as lead, mercury, asbestos and even live wires and sharp, dangerous objects. Discarding and eliminating leftover construction waste properly is extremely important for your safety, and even the surrounding environment. Construction waste comes in many different forms. The most common forms are listed below.

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Is Residential Solar Energy Really Worth It?

residential solar energy panel

As of 2016, there have been over 1.3 million solar panels installed on over 6,560,000 households in the United States. Arizona is the largest state utilizing residential solar energy. If solar energy seems to be so popular, why aren’t we all contributing to the environment? Just like any other construction job, solar panels and their installs have both pros and cons. These pros and cons can stretch from high costs to home damages, to even insurance premium increases. Whether you are a veteran homeowner or a first time home owner, is it really worth it to utilize residential solar energy?

Listed below are the top four pros of applying solar panels to your home.

  1. Reduces electric bills: The average American saves around $100 – $120 a month while using solar energy.
  2. Increase the value of your home: Whether solar panels on your home have been purchased or leased, having solar energy can increase the value from $18,000 – $29,000.
  3. A beautiful future: Residential Solar Energy helps improve the environment and reduce carbon emissions.
  4. Tax and State Credits: Depending on where you live in the United States, you could easily receive a federal tax credit of 30% and a state tax credit of 25%. For New York State, your state credit would be 25%.

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Is It Worth It To Elevate Your Home?

 

Elevate your home
 

One of the most common causes of home elevation is extreme weathering and flooding. In general, there are two options when deciding to elevate your home. The homeowner can physically lift the home, building a new foundation at the bottom, or leaving the home as is, but just building a “livable space” upper level, alternatively converting the ground level to a complete closure.

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Protections Provided to Contractors and Architects Under New York’s Economic Loss Rule

In a nutshell, the  “economic loss rule” is a rule that courts use to prevent a plaintiff from against a defendant for a tort (usually negligence) when the essence of the claim is for failure to live up to the terms of a contract.

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