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Philadelphia Construction Law Blog

Tag: New Jersey

Tips On Getting Paid For Your Construction Work

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Contract Clauses on Nov 16, 2015.

There is at least one universal truth in businesses of all kinds: no one likes to work for free. The risk of non-payment in the construction industry can be greater than in others because of the significant financial outlay that is required just to perform the work. Reimbursement for labor and material costs are required just to avoid losing money (not profit) on a job. And we all know what happens to companies that don’t at least break even most of the time.

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Primer on Contracts: Payment Clauses

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Uncategorized on Jan 27, 2015.

Payment clauses … no construction contract clause has a more immediate impact on the bottom line for contractors of all shapes and sizes. Understanding payment clauses can be the key to knowing when to press for payment or not and, ultimately, whether payment will ever arrive for work on a project. Careful review of your contracts with the help of counsel is a shrewd approach; but here are the basics at the risk of over-simplification.

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US DEPARTMENT OF LABOR INCREASES HOURLY WAGES ON FEDERAL CONTRACTS

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Public Construction Projects on Jan 26, 2015.

Following the lead set in President Obama’s Executive Order 13658, the Department of Labor’s Wage & Hour Division issued a final rule raising the minimum wage for workers providing labor on federal construction and service contracts to $10.10 an hour.This final rule applies to new and replacement contracts that result from solicitations after January 1, 2015. It also places the Secretary of Labor in charge of setting the minimum wage beginning in 2016 with the restriction that the Secretary cannot ever lower it.

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Positive News on Real Estate and Construction Market in NJ

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Jan 15, 2015.

One of the biggest commercial real estate brokerage firms in New Jersey is reporting some positive numbers for New Jersey’s real estate and construction economy. According to recent information released by the company, new industrial space was built at the fastest pace seen since 2002 last year. In addition, nearly 12 million square feet of existing tenant space was reabsorbed by the tenants back in the market.

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HILL INTERNATIONAL GETS CONTRACT TO UPDATE NJ TURNPIKE

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Jan 12, 2015.

In what appears to be a public private partnership agreement of large proportions, Hill International has been awarded a 4 year contract by the New Jersey Turnpike Authority for the Garden State Parkway and the New Jersey Turnpike. The contract, worth $33.7 million, will require Hill to provide construction management services on a number of projects and inspection services in support of the Facilities Improvement Program.

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OSHA To Begin Enforcement of Final Rule On Electric Power Generation, Transmission, and Distribution Work

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Uncategorized on Nov 3, 2014.

The Occupational Safety and Health Administration revised its safety regulations governing work on electric power grids in July 2014. A final rule was passed imposing new safety standards to more closely track general industry standards. These changes will result in some revisions to both the construction of power grids and the maintenance of those grids by power companies and hired contractors.

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Collaborative Effort Between Associations To Develop Section of International Green Construction Code

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Construction Industry News on Oct 27, 2014.

The International Green Construction Code was developed by the International Code Council -more commonly known as the ICC – and first published in 2012. Its state purpose is to develop a model code for the measurement of sustainability in the construction industry. The goal in developing the code is to “make buildings more efficient, reduce waste, and have a positive impact on health, safety and community welfare”.

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