In the wake of increasingly frequent natural disasters, construction insurance has become more critical than ever. While many stakeholders view insurance as just another project cost, it is actually your first line of defense against catastrophic losses from wildfires, tornados, or hurricanes. Understanding your insurance options and obligations is not just good business—it is essential
When project delays occur due to natural disasters, the financial implications can be severe. Construction stakeholders often focus on immediate physical damages while overlooking the potentially devastating impact of liquidated and consequential damages provisions. Understanding these crucial contract elements before disaster strikes can mean the difference between manageable delays and catastrophic
The Texas Data Privacy and Security Act (TDPSA) is now in full effect, and this comprehensive legislation establishes stringent mandates on how consumer-related personal data of Texas residents should be collected, used, processed, sold and shared. In the construction industry, businesses that market or sell goods or services to consumers, or B2C
As the Texas legislative session approaches, kicking off on January 14, construction companies across the Lone Star State need to start gearing up for their advocacy efforts. Early engagement is not just beneficial—it’s crucial for maximizing your impact in the Capitol and shaping policies that affect
The recent derecho storm in May and Hurricane Beryl just this week caused severe damage throughout Houston and the surrounding area. The intense winds and flash flooding served as a costly lesson to many contractors and project owners. With the expected active hurricane season on our doorstep, and storms that can strike
For years, there has been a state-by-state push to restrict or prohibit non-compete agreements that limit workers’ ability to take a job with a competitor after leaving their employer. This movement to boost employee mobility and wage growth has now culminated in a controversial nationwide proposal by federal regulators. On April 23, 2024, the Federal
*As published in the April/May 2024 issue of Build Houston Magazine
It never hurts to stop and take a minute to read what you are signing. This is especially true when entering into a contract with a new customer, vendor or on a new project. Your company (and your attorney) will thank you later.
Subcontractors
NASA’s Exploration Park development has taken another step forward. The American Center for Manufacturing and Innovation (ACMI) and its ACMI Properties affiliate have agreed to lease 207 of the NASA development’s 240 acres. ACMI’s development will be known as the Space Systems Campus and is intended for both commercial and space defense manufacturing. ACMI
If an owner or general contractor fails to timely pay on a project, you may be entitled to prompt pay interest. Prompt payment acts are intended to deter late payments by general contractors and owners by enabling contractors and suppliers to pursue additional remedies including penalty interest, attorneys’ fees and suspension of performance.