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As the world continues its widespread vaccination effort, COVID-19 restrictions ease somewhat and the $1-trillion U.S. infrastructure spending package moves forward, forecasters express cautious optimism about the year to come.
The construction industry experiences some of the highest incidences of litigation. Here are the contractual clauses most often involved in disputes and suggested variations that could help avoid the headaches and costs of litigation.
There is one bright spot in the December “termination for convenience” of the main contracting joint venture on the Boston area’s Green Line Extension light-rail project: No one is pointing fingers at the contractor as the key culprit behind the project’s soaring cost, which currently is $700 million to $1 billion over its roughly $2-billion budget.