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Construction Contracts: What to Know About Estimates vs. Bids

Santa Cruz Architect

One of the most crucial decisions homeowners face is how to structure the contract with their contractor. Understanding the nuances between different contract types, particularly fixed-price contracts (bids) and time and materials (T&M) contracts, is essential for managing costs effectively and ensuring the project’s success.

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March Architecture Billings Index declines significantly due to inflation and supply chain issues

Archinect

” The AIA says: "This shows that clients are interested in starting new projects but remain hesitant to sign a contract and officially commit to those projects. The AIA /Deltek’s latest Architecture Billings Index (ABI) for the month of March has posted a decline to a score of 43.6.

Contract 263
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Architect sues client for using work without payment or permission after being dismissed from project

Archinect

A Pennsylvania -based architecture firm has filed a civil lawsuit in the state’s Middle District Court against a former developer client for breach-of-contract and copyright infringement.

Client 264
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AECOM to provide ‘environmental restoration and compliance services’ for NASA

Archinect

The five-year contract will see AECOM deliver environmental sampling, contaminants investigations, and human, health, and ecological risk assessments to NASA’s U.S. Architecture and infrastructure consulting firm AECOM is to provide environmental restoration and compliance services to NASA facilities across the U.S. facilities.

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Allsteel's Experience Center reimagines the role of the contract furniture showroom

Deezen

We wanted to design a place that would celebrate and encourage collaboration, be a destination for education and inspiration, be an experience for our clients trying to solve meaningful workplace challenges and transform their ways of working," said Allsteel's director of brand and marketing Natalie Johansen Murray.

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Billings for residential work remain strong but slower times ahead, suggests AIA Home Design Trends Survey

Archinect

The AIA Home Design Trends Survey (Q4) revealed a contraction in the demand for residential design inquiries and design contracts, despite billings for residential projects continuing to increase. Extract from AIA Home Design Trends Survey.

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Building Contract Types

DesignScape Architects

Building Contract Types Building contracts can be complex. Well, a slightly easier ride… In many ways choosing the ideal contract will depend on the size of the job. But first, let’s understand firstly what a contract is. With any contract, there are flows of Obligations and Rights.