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On Friday, April 28, 2017, the AIA will release new editions of its Owner-Architect Agreements as well as the General Conditions of the Contract for Construction (A201). This revision follows the AIA’s practice of updating documents on 10 year cycles thus this is the first such update since 2007. With an enthusiasm typically reserved for…
DetailsOn April 19, 2017, construction law attorneys and former engineers, A.J. Manion, Jean M. Terry, and Daniel E. Fuchs will present a seminar entitled “Best Practices for Managing Construction Documentation” at the Kentucky Society of Professional Engineers’ Annual Convention. The presentation will discuss the maintenance of construction project files, the protection of confidential information, and…
DetailsA recent report outlined the changes that are on the horizon for the construction industry and provided an incredibly interesting glimpse at the future. According to the World Economic Forum, massive changes are expected in the construction industry by 2020, especially as it pertains to workers. According to their estimates, robots and artificial intelligence will replace 500,000 workers. Across all industries, robots are expected to replace more than 5 million workers.
DetailsA big issue in 2016 will be plans for spending on the nation’s crumbling infrastructure. Many of our country’s roads and bridges need major updates and candidates from both sides of the aisle acknowledge it. As a construction law firm, we are paying close attention to the candidate’s plans to improve these problem areas.
DetailsIn signs that the economy is on firmer footing, the construction sector added 45,000 jobs in December. This is the third month in a row that this sector has added jobs and marks the highest total number of workers since January, 2009, when the market bottomed out. As a construction law firm, it is good to see private and government projects picking up and construction work gaining momentum.
DetailsOn February 18, 2016, construction law attorney Jean M. Terry presented a seminar entitled “Killer Contracts: Homicide or Suicide?” at the Indiana Construction Industry Conference in Fort Lauderdale, Florida. The seminar included a discussion of key contract provisions that are at play on construction projects and how to work within the bounds of said provisions…
DetailsRecently, NFL owners approved relocating the St. Louis Rams to Los Angeles, where billionaire owner Stan Kroenke plans to build an impressive new stadium in Inglewood. Plans indicate that Kroenke will privately fund the entire construction. It promises to be one of the most impressive sports arenas in North America and perhaps the world.
DetailsThe week of March 10-11, the Indiana Bar Association is offering a 5.5 hour CLE event for attorneys across the region in Indianapolis. The event is called “Construction and Contracting Without Borders” and is sure to be worthwhile for all attendees. Manion Stigger partner, A.J. Manion, will be presenting on topics related to Indiana. For information on this event or to register, simply click here.
DetailsSince the economic collapse in 2008, interest rates have been at historically low levels. As the economy slowly improves, there is pressure from some groups to raise the interest rate to ward off inflation. The Federal Reserve recently raised rates, but some argued that these increases did not go far enough. They’re now contemplating further increases.
DetailsOn March 4, 2016, Daniel Fuchs will be presenting at the ABA Forum on Construction Law’s program Construction Contracts: Finding Common Ground in Drafting and Negotiating Design and Construction Clauses. The design and construction concepts covered apply to projects ranging from a personal residence to complex infrastructure improvements. The program will be live in Indianapolis, IN.
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