Valuation of Dayworks in Construction Contracts

Valuation of Dayworks in Construction Contracts

Construction projects are executed through a contract signed between the owner of the project (called the client or employer) and the contractor. The construction contract allows for the introduction of new works whose scope may not have been captured in the original...
Demystifying Payment Delays in Construction

Demystifying Payment Delays in Construction

Payment delays or slow payment processing is a problem that the construction industry has been facing for a long time now. According to Levelset’s National Construction Payment Report published in 2020, 48% of businesses wait for more than 30 days from the day of...