“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 ...

Our team’s prior postings have covered topics such as construction change orders, construction bonds, and more recently, liquidated damages. We’re now going to tackle another critical ingredient to a ...

In the context of project financing, the state in which the project has reached physical completion and has delivered product or generated revenues in satisfaction of a sales completion test.