Day: October 9, 2024

Managing Legal and Compliance Risks in Construction: Key Insights from the NAS Workshop

Managing risk is a critical factor in the construction industry, where complex projects, multiple stakeholders, and ever-changing regulations present constant challenges. At our recent Risk Workshop, NAS Partners Holmes & Hills provided crucial insights into key areas of construction contract risk management. With updates to JCT 2024, a growing focus on collateral warranties, and an …

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Managing the Risk of Not Getting Paid in Construction: Key Takeaways from the NAS Workshop

One of the critical challenges in construction is managing the risk of not getting paid. During our recent Risk Workshop, Holmes & Hills tackled essential aspects of construction contracts, particularly payment risks. In the construction industry, having a solid understanding of payment mechanisms, such as due dates, final date for payment, and Pay Less Notices, …

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