In the recent matter of GSM Industrial v. Grinnell Fire Protection Systems, the Rhode Island Supreme Court was called upon to interpret the Rhode Island mechanics lien law. A vendor from Pennsylvania recorded a Rhode Island mechanics lien notice but failed to sign it under oath as required by the Rhode Island lien law. The court began […]
Month: July 2012
Delay Damages – Hard to Exclude Even When No Damage For Delay Clause Included in Contract
Delay damages can accumulate quickly and reach substantial amounts. Contractually excluding delay damages is one way that parties address the financial risks of construction delay. Such contract provisions are known as “no damages for delay” clauses. Courts generally do not favor such clauses because these exculpatory provisions may allow a party to escape liability for […]
bond conditions, connecticut stonington decision, contractual terms, rhode island construction lien, rhode island mechanics lien
Pay Attention to What You Sign – Terms in Contracts and Bonds Bite Back
Reading what you sign, and making sure you’re okay with it, is as important as it’s always been. As contracts have moved from handshakes, to 1 page written documents, to long form agreements with fine print and addenda, it has become more an more difficult to actually know what any of the parties have agreed […]
Pennsylvania Extends Building Permit Approvals to July 2016
As States continue efforts to recover from the 2008 financial crisis, Pennsylvania has enacted an important amendment to the Permit Extension Act that will extend the life of certain zoning and land-use permits and approvals to July 2016. Embedded in a finance bill (S.B. 1263, Act 87), the law was enacted by the Pennsylvania legislature […]
green building, green building global hotspots, lux research, top green building countries, united states green building
United States a Top Country for Green Building
Lux Research released a study July 5 finding that the United States, Singapore, South Korea, Australia, and Germany are the top global hotspots for green building investment. According to Lux Research’s report, buildings consume the majority of the world’s energy and are responsible for a majority of the anthropogenic carbon dioxide emissions. Energy security, environmental, […]