In Florida, a type of provision that is commonly included in construction contracts is a no damages for delay clause. This type of clause is typically included to clarify the parties that will carry the risk when delays in the project occur, and it bars contractors from seeking compensation when they incur losses caused by...Read More
Qualifying for a Second Florida Contractors License Florida contractors are required to get licenses before they will be legally authorized to perform work in the state. A contractor’s license is issued to an individual instead of a business. before a business can contract to engage in construction projects, it must be qualified by a licensed...Read More
Help with a Contractor’s License in Florida To work as a contractor in Florida, you must first obtain a contractor’s license. The requirements for securing a contractor’s license in the state are outlined by the Construction Industry Licensing Board (CILB) and the Florida Statutes. The requirements vary based on the type of license you need...Read More
Contractors and Preferential Payments Florida construction companies contend with numerous risks. One of the risks they face when working on projects with multiple parties involved is that one might file for bankruptcy. If a party makes a payment to your company within 90 days of filing for bankruptcy, you might receive a notice from the...Read More
Bankruptcy and Construction Contracts Companies that have been involved in the construction industry for a long time understand that construction involves substantial risks. Changes in the economy and other factors sometimes lead to a party involved in a project filing for bankruptcy protection before the contract is completed. If you are involved in construction, it...Read More
