Construction agreements come in many flavors, most of which are variations on two major themes ” “fixed price” (or lump sum) contracts and “cost-reimbursable” contracts. Understanding the basic themes ...

A written contract documents an agreement between two parties under which both must perform. To form a contract, one party must make an offer to another party. If the second party accepts the offer, ...

Understanding the nuances of employment contracts can provide valuable insights and clarity for both employers and potential employees. Based on my years of experience in workforce management and my ...

During the course of business, organizations enter into contracts with vendors, customers, employees and suppliers. As an agreement that is legally binding, contracts contain specific wording that can ...

Learn what a bill of lading is, how it works in shipping, its key types, and why it’s essential for documenting goods, ownership, and delivery terms in trade.

When entering into arrangements with clients or engaging vendors, startup companies may be faced with a confusing array of contractual terms, including terms that reference various types of damages.

The General Services Administration is foot-stomping one of the main goals of the Revolutionary FAR Overhaul: give more flexibility and authority to contracting officers. Jeffrey Koses, GSA’s senior ...