Warranties for a capital project typically start with the substantial performance of the work or on the date of beneficial occupancy. Any extended warranties typically start at the expiration of the contractor’s one or two-year warranty that covers all the work. As part of the final submittals, the contractor typically Read more…
One of the important requirements in construction projects is the requirement for obtaining, verifying and monitoring the contractor certificates of insurance and bonds. Those documents need to be valid during the project construction’s period and some need to continue to be valid during the defect liability period. The contract documents Read more…
Having a formal Performance Evaluation and Appraisal for contractors provides project owners with valuable knowledge that is essential for future procurements. Performance evaluations and appraisals usually get prepared following the completion of the work associated with a contract. Performance evaluations should include an evaluation concerning the quality of the work; Read more…
