Contracts Archives - Construction Today https://construction-today.com/news/tag/contracts/ Thu, 28 Sep 2023 13:29:59 +0000 en-GB hourly 1 https://wordpress.org/?v=6.6.2 https://construction-today.com/wp-content/uploads/sites/5/2022/10/ct-150x150.png Contracts Archives - Construction Today https://construction-today.com/news/tag/contracts/ 32 32 Four-billion-dollar EV project to take shape under HOCHTIEF Group leadership https://construction-today.com/news/four-billion-dollar-ev-project-to-take-shape-under-hochtief-group-leadership/ Mon, 03 Apr 2023 10:42:16 +0000 https://construction-today.com/?p=3662 The rapid growth of the electric vehicle market has brought the HOCHTIEF Group several mega contracts. A contract was awarded

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]]> The rapid growth of the electric vehicle market has brought the HOCHTIEF Group several mega contracts. A contract was awarded to one of HOCHTIEF’s US subsidiaries, Turner Construction Company (Turner), to build an initial phase of a four-billion-dollar building program for a battery factory in De Soto, Kansas. Together with a joint venture partner, Turner will build a manufacturing facility for…

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]]> Building the contract https://construction-today.com/news/building-the-contract/ Tue, 25 May 2021 09:53:15 +0000 https://construction-today.com/?p=860 Start by aligning the structure and vocabulary of the contract with the reality of the parties’ roles and expectations. The

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]]> Start by aligning the structure and vocabulary of the contract with the reality of the parties’ roles and expectations. The parties need to decide what responsibility, if any, the contractor will have for design and the point in the design process at which the contractor will become involved. They also must choose the payment structure, whether a lump sum, cost-plus-a-fee, or a guaranteed maximum…

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