Construction Management Agreements: Pricing

Claud Mccoid

This short article addresses the pricing of construction management agreements (CMAs), such as the fee of the construction supervisor, common conditions expenses, subcontract expenses, contingency and insurance plan. Note: In which ideal, we will make distinctions in between “expense-furthermore” and assured utmost rate (GMP) CMAs.

       
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Force Majeure and the Doctrine of Impossibility

The COVID-19 pandemic is ensuing in landlords and tenants carefully reviewing a clause in their lease that was lengthy regarded as unimportant boilerplate. Sure, we are referring to the “force majeure” provision.