Changes to Contractor Licensing Laws for 2018
By Frank Elmore on October 4, 2018 | Government Regulations
The last legislative session in South Carolina saw a change in South Carolina’s contractor licensing laws. South Carolina has five different general contractor licensing groups. Each license group is determinative of the dollar value of work that a general contractor could perform and each with its own net worth requirement ranging from $10,000 to $250,000…. Read more
Construction Contracts 101 – Key Terms and Provisions
By Bryan Kelley on August 31, 2017 | Best Practices, Contracts
A construction contract can be a daunting document. It can be hundreds — if not thousands — of pages in length depending on the complexity of the project. In addition to the document that is signed by the parties, the full construction contract can include drawings, specifications, geotechnical reports, general conditions, special conditions, and other… Read more
Initial Highlights of the 2017 Edition of AIA A-201
By Leslie Sullivan on June 20, 2017 | Contracts
As you may be aware, the American Institute of Architects (“AIA”) revises its main contract forms every ten years and has recently released the 2017 Editions of their contract forms, including the AIA A201 – General Conditions of the Contract for Construction. I’ve just finished an initial review of the new AIA A201 2017 Edition. … Read more
The Duty to Defend in the Contractor’s CGL Insurance Policy
By Bryan Kelley on May 3, 2017 | Insurance
The CGL carrier’s duty to defend an insured contractor for a claim for defective construction can be a huge cost savings tool. But, contractors should be mindful of the benefits and hazards of tendering a defense to its carrier before doing so. What is the duty to defend? Commercial general liability (“CGL”) insurance carriers generally owe… Read more
SCDOT’s New Prompt Payment Requirements Begin July 1
By Frank Elmore on May 2, 2017 | Best Practices, Contracts, Government Regulations
As of July 1, 2017, the South Carolina Department of Transportation (“SCDOT”) will impose new prompt payment requirements on its contractors. The New Requirements The new Prompt Payment Clause, which can be found in its entirety here, will require the following: The Contractor will pay its subcontractors within 7 calendar days of receiving payment from… Read more
