In this article, our Peoria County construction lawyers explain key clauses in general contractor agreements and other construction classes that are important to be aware in construction jobs.  We discuss the importance of a clear scope of work clause and explain the different types of contract prices including lump sum pricing, unit pricing, cost of work plus contractor’s fee, and time and materials. Our Peoria County construction attorneys want you to be aware of clauses in your construction contract to ensure that you are protected under the law.

Read the full article about construction contracts by our Peoria County construction litigation lawyers.

In this article, our Peoria construction law attorneys explain condominium laws and issues that affect both tenants and owners. It's important to note that condominium associations have the responsibilities imposed upon a not-for-profit corporation by the Not For Profit Corporation Act, whether or not the association is incorporated.  To the extent that the Not For Profit Corporation Act conflicts with the Condominium Property Act, the Condominium Property Act controls with respect to condominium associations.  

Read the entire article by our Wheaton construction law attorneys.

In this article, our Peoria County construction lawyers explain how guaranteed maximum price construction contracts work. In Guaranteed Maximum Price Contracts, also known as GMP contracts, the contractor has a variety of options that they can use to determine how they set up their pricing structures. This can be in the form of time plus materials, or a percentage of the overhead as profit. Our Peoria County construction lawyers explain how allowances, change orders, contingencies, and schedules of values operate in guaranteed maximum price construction contracts.

Read the full article by our Peoria County construction attorneys explaining GMP contracts.