Betsy Gordon

Louisiana’s New A+B Bidding Method “Pilot Program”

Effective August 1, 2019, the Louisiana legislature introduced a pilot program authorizing a significant change to Louisiana’s public bidding process called “A+B Bidding.”  With the introduction of this new bidding method on public projects, are the traditional built-in discretionary bidding limitations about to come to an end? [Read More…] 

The General Agreement Of Indemnity Collateral Security Provision: If You Try Sometimes, You Might Find, You Get What You Need

Surety bonds are a primary, if not mandatory, component of every-day construction projects.  While commercial insurers on a construction project expect losses and adjust insurance rates to cover such losses depending on many factors, sureties do not expect to pay out-of-pocket for bond losses and, instead, require principals and indemnitors to exonerate, indemnify, and often defend sureties in the event of a loss or anticipated loss.  As such, a general agreement of indemnity in favor of the surety usually goes hand-in-hand with the issuance of construction surety bonds.   [Read More…]

AIA Documents

Every decade, the AIA reviews and updates the standard form construction documents that are typically used in the construction industry.  The AIA has recently released 11 revised versions of the forms and contracts documents.  They anticipate the release of 18 more documents in the fall of 2017. The AIA’s most helpful publications concerning the new… [Read More…] about AIA Documents