All NASBP Blogs List

NASBP Blogs

Year-End Tax Planning for the Construction Industry

posted 3 days ago
0 comments

How Construction Companies Can Prevent Cyberattacks

posted 3 days ago
0 comments

“Pay-If-Paid” vs. “Pay-When-Paid”: Understanding Contractor’s and Subcontractor’s Assumption of Risk of Owner’s Nonpayment

posted 8 days ago
0 comments

Occupational Fraud in Construction

posted 8 days ago
0 comments

Aiming Higher: Construction Industry Economic Update

posted 20 days ago
0 comments

Five Ways to Protect Bidding Opportunities and Bid Formulations

posted 21 days ago
0 comments

Lien Claims and the All-Important Lis Pendens

posted 21 days ago
0 comments

Prime Contractor Beware, No. 2: “Know Thy Owner”

posted 12-19-2022
0 comments

Accord and Satisfaction: To Release, or Not Release? That is the Question.

posted 12-06-2022
0 comments

Nevada Supreme Court Holds That Pay-If-Paid Provisions Require a Case-By-Case Analysis to Determine Their Enforceability

posted 12-06-2022
0 comments

Bilateral Modification Releases: A Mid-Project Trap for the Unwary

posted 12-05-2022
0 comments

Prime Contractor Beware, No. 1: Watch Out for Owner/Lender Consent and Assignment Agreements

posted 12-05-2022
0 comments

Cyber (Security) Monday—Five Resources for Bond Producers and Their Contractor Clients on Cybersecurity Readiness

posted 11-22-2022
0 comments

What is Contractual Risk Transfer?

posted 11-15-2022
0 comments

Healthcare Projects: The Importance of Fundamentals

posted 11-08-2022
0 comments

Subcontract Payment Provisions Mean Exactly What They Say in Connecticut

posted 10-31-2022
0 comments

Don’t Be Lazy with Your Tenders of Defense and Indemnity

posted 10-31-2022
0 comments

Hogs Can Get Slaughtered on Fees in Utah if Their Claim is Too Greedy

posted 10-31-2022
0 comments

Celebrating the 50th Anniversary of the Brooks Act

posted 10-27-2022
0 comments

Five Actions Construction and Energy Risk Managers Can Take to Avoid the Catastrophic Consequences of a Cyber Attack

posted 10-26-2022
0 comments

Canadian Third Party Rights Not Absolute Bar on Rescission of Bonds Issued Due to Fraudulent Misrepresentation

posted 10-26-2022
0 comments

“Reading the Riot Act”—Why Notice and Opportunity to Cure Matter

posted 10-24-2022
0 comments

8 Key Takeaways – Hot Topics in Construction Contracting

posted 10-24-2022
0 comments

DOD Offers Relief for Contractors Facing Registration Challenges with SAM.Gov

posted 10-17-2022
0 comments

Court case provides good illustration of how the economic loss doctrine works

posted 10-17-2022
0 comments

Expanded Section 179d Tax Savings for Energy-Efficient Building and Design

posted 10-17-2022
0 comments

How Can Contractors and Sureties Address Material Price Escalation and Shortage Delays?

posted 10-03-2022
0 comments

Refusing to Proceed with Changed Work Can Be Risky Business

posted 09-28-2022
0 comments

Environmental Requirements for Federal Contractors are Coming…and FAST!

posted 09-28-2022
0 comments

Low Bidder, or Not? Award on Base Bid Not Including Elected Alternate Violates Public Bidding Laws

posted 09-28-2022
0 comments

Faster, Easier Process for Contractors (and their Bond Agents) with SBA Surety Guarantees

posted 09-20-2022
0 comments

Understanding the Basics: Bid guarantees and their Miller Act cousins, payment and performance bonds

posted 09-20-2022
0 comments

The AIA Releases Sworn Construction Statements, Lien Waiver and Release Forms for the First Time

posted 09-12-2022
0 comments

A Liquidated Damages Provision Might Not Liquidate All Potential Damages

posted 09-02-2022
0 comments

Misconstruing the Indemnity Agreement Allows Affirmative Claims Against Surety

posted 09-02-2022
0 comments

The Parallels Between Winning Sports Teams and Successful Construction Projects

posted 09-02-2022
0 comments

Appeals Court Construes Massachusetts Prompt Payment Act for First Time, Requiring Strict Compliance

posted 08-26-2022
0 comments

Contracting Issues for 2022

posted 08-26-2022
0 comments

Scollick Memorandum Opinion—Sureties and Producers Can Breathe a Limited, Fact-Specific Sigh of Relief

posted 08-17-2022
0 comments

Construction Financial Accounting Expert on 2023: The Boom Continues

posted 08-15-2022
0 comments

Emerging Contractors and Mentors Benefit from Bonding Education Program

posted 08-08-2022
0 comments

Recovering Field Overhead Expenses

posted 08-08-2022
0 comments

NASBP SuretyLearn for Contractors Website: Get Your Contractor Clients on the Path to Surety Credit

posted 08-02-2022
0 comments

Scollick Memorandum Opinion – Sureties and Producers Breathe a Limited, Fact-Specific Sigh of Relief

posted 08-01-2022
0 comments

SBA Expands Past Performance Examples for Small Business Deals

posted 07-26-2022
0 comments

Shared Savings Clauses: Contracting for Cooperation Rather Than Confrontation

posted 07-25-2022
0 comments

Florida Court of Appeals Holds That County's "Active Interference" Overrides "No Damages for Delay" Clause

posted 07-25-2022
0 comments

Supply Chain Delay Recommendations

posted 07-22-2022
0 comments

Top 3 Contractor Risks and How to Reduce Contractor Exposure

posted 07-13-2022
0 comments

CLA Professionals Answer Recently Heard Questions on Lease Accounting

posted 07-11-2022
0 comments

When is a Contractor’s Termination for Default Proper? When it Does Bad Things!

posted 07-05-2022
0 comments

You Can’t Treat Construction Claims Like Your Grandkids

posted 06-28-2022
0 comments

Will General Contractors or Subcontractors Get Hammered by New State Legislation?

posted 06-27-2022
0 comments

Construction Contractors Seeking to Take Advantage of Infrastructure Bill: Beware of Federal Compliance Obligations

posted 06-27-2022
0 comments

DOD Issues Guidance on Inflation Adjustments for Contractors

posted 06-21-2022
0 comments

Surety’s Future Beams Brightest on the Most Prepared Contractors

posted 06-09-2022
0 comments

Delays in Critical Material for Bridge Contractors: Managing Risk

posted 06-08-2022
0 comments

Material Price Escalation: Workable Compromises Versus Traditional Allocation of Risk Expectations

posted 05-31-2022
0 comments

Buy Indian Act Revised to Better Comply with Biden’s Racial Equity Order

posted 05-25-2022
0 comments

Recent Changes to Design-Build Construction in New Jersey

posted 05-25-2022
0 comments

The False Claims Act: What Contractors and Businesses Need to Know

posted 05-20-2022
0 comments

The Chain Reaction of Cybercrime in the Construction Industry

posted 05-20-2022
0 comments

Construction Law History Lesson No. 1: What Do Thomas Jefferson and Mechanics Liens Have in Common?

posted 05-13-2022
0 comments

Momentum for Construction M&A favorable for 2022

posted 05-13-2022
0 comments

Unintended Consequences of Incorporating Subcontractor’s Proposals in the Subcontract

posted 05-09-2022
0 comments

Foreseeing the Future: The Importance of Liquidated Damages Amidst Supply Chain Disruptions

posted 05-09-2022
0 comments

Waivers in Form Construction Documents: Stop and think before you sign on the dotted line

posted 04-25-2022
0 comments

HUBZone Principal Office Flexibility Ends April 1, 2022

posted 04-18-2022
0 comments

Right to Payment: Substantial Performance and Satisfaction

posted 04-18-2022
0 comments

North Carolina Licensing for General Contractors: Licensure of Joint Ventures

posted 04-12-2022
0 comments

Not So Fast: What to Consider Before Terminating Your General Contractor

posted 04-11-2022
0 comments

What Is the Severin Doctrine, and Why Is it Important?

posted 04-11-2022
0 comments

Understanding Insurance Terms in Construction Contracts

posted 04-01-2022
0 comments

Is Your Contract Ready for the Ongoing Impact of COVID?

posted 04-01-2022
0 comments

Sanctions & Cyberattacks: Four Attack Methods to Recognize for Contractors

posted 03-31-2022
0 comments

Action Steps for Today’s Cybersecurity Concerns

posted 03-25-2022
0 comments

Construction Inflation Report

posted 03-25-2022
0 comments

2022: The Year of the Tiger or Construction Contractors

posted 03-22-2022
0 comments

Contractor Strategies for 2022: Lease Accounting Compliance

posted 03-21-2022
0 comments

Material Escalation: A Difficult Road to Recover Costs

posted 03-21-2022
0 comments

Think Your Essential Business Is Ineligible for the ERC? Think Again.

posted 03-21-2022
0 comments

Virginia Moves to Ban "Pay-if-Paid" Clauses

posted 03-17-2022
0 comments

Texas Contractors No Longer Bear Risk for Defects in Owner-Furnished Designs

posted 03-14-2022
0 comments

Delaware Court Shows Importance of Order of Priority Clauses

posted 03-11-2022
0 comments

Infrastructure Funding: A Breakdown for Florida Transportation Builders

posted 03-10-2022
0 comments