Construction projects have always relied on trust when evaluating costs, but today’s market conditions are driving owners and developers to seek greater visibility into how project pricing is developed and verified. With tighter project margins, ongoing uncertainty in labor and material costs, and increased scrutiny from lenders and investors, cost transparency is becoming a critical
change orders
New Law Requires Timely Payment of Undisputed Change Order Claims
By Bart Reed on
The new RCW 39.04.360, effective June 6, 2024, outlines protections and payment assurances for contractors, subcontractors, and suppliers involved in public and private construction projects in Washington. This statute mandates timely issuance of change orders for undisputed additional work, imposes interest on delays, and clarifies the rights of aggrieved parties to seek appropriate relief, including…
Don’t Let Disputed Change Orders Derail Your Construction Project
By Eric Grasberger on
Posted in Claims & Disputes, Construction
A fact of life for those involved in construction projects, change orders can be a challenge even when the owner and contractor agree on the scope, price, and schedule impacts associated with the change but much more difficult when the parties disagree on those terms. Options available to resolve a dispute include handling it in…