The U.S. Air Force has awarded firm-fixed-price contracts with a cumulative value of $300 million to six companies to provide construction services for a military ...

Eleven companies were awarded positions on the U.S. Navy’s potential eight-year, $8 billion indefinite-delivery/indefinite-quantity, multiple award, design-build ...

The U.S. Navy selected 10 contractors to compete for work under a $15-billion indefinite delivery/indefinite quantity multiple-award construction contract Sept. 10, and separately selected five firms ...

A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...

Who doesn’t want to have a detailed and coherent construction agreement in place on every job? It minimizes confusion, makes clear everyone’s respective responsibilities and should reduce disputes.

“Substantial completion” is an important, but often overlooked term in construction contracts. It is significant because it is often used as a trigger in construction contracts for a number of ...

Naval Hospital Guantanamo Bay, which is due to be replaced with a modern ambulatory care center and dental clinic under a contract with DPR-RQ Construction LLC. Photo by Lt. J.G. Justice Curlee/U.S.

As we enter the second half of 2024, contracts are preparing to tackle even larger and more intricate projects in the Middle East. Fueled by the region’s pursuit of urbanisation and sustainability, ...