Your contract can mitigate tariff impacts, if you know where to look

Two construction lawyers detail how cost-plus, guaranteed maximum price and lump sum agreements work in light of higher import duties.

ACEC Releases New Lump Sum Contracting Report Amid Disruption

Today, the ACEC Research Institute released a new report that finds that using a lump sum contracting method to pay for engineering services benefits clients and engineering firms. The report found that client benefits of lump sum contracting include cost savings, a lower administrative burden, and more effective cost management. At the same time, the model offers […] <p>The post ACEC Releases New Lump Sum Contracting Report Amid Disruption first appeared on CCR-Mag.com.</p>

Lump sum contracts benefit engineers, owners in AI age

The delivery method is best suited for projects with a well-defined scope, such as road and bridge rehabilitation, per a new report from the American Council of Engineering Companies.

Metroun - What is a Lump Sum (Fixed Price) contract? 17052023

What is a Lump Sum (or Fixed Price) contract? Metroun provide and explanation and highlight the pros and cons

Metroun - ICC Contracts Explained (ICE Contracts), 15022023

This Metroun video looks at the Infrastructure Conditions of Contract (ICC) for Civil Engineering Works. Since its inception in 1945, many revisions have been created, some of which have been mentioned in this video. Until 2010 the ICC were known as the ICE Conditions of Contract and were republished as ICC in 2011

Constructacademy - NEC3 Contract - ECC - The Main Options, 25052020

In this video the NEC3 Contract Main Options are explained to help give an understanding of the differences between the main options and when they might be selected.

Metroun Quantity Surveying - JCT, Traditional Contract Options 09122020

The most recent version of the JCT suite of contracts is 2016. This takes account of the changes to the revision of the interim payment regime, the introduction of the common valuation date and to certain insurance provisions. However, previous editions of the JCT are still in use. The traditional contracts are still, by far, the most used JCT contracts and each of these are summarised in this video