March 29, 2022

The Site Report - Construction Law Insights: Issue 3, 2022 | Spilman Thomas & Battle, PLLC - JDSupra - JD Supra

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"An Act to amend and reenact §§ 2.2-4354 and 11-4.6 of the Code of Virginia, relating to contracts;

Why this is important: There are currently bills before the Virginia Legislature to amend VA ST §§ 2.2-

4354 and 11-4.6. The proposed amendments to VA ST § 2.2-4354 address the issue of who is liable for

VA ST § 11-4.6 include new contract terms that must be included in all non-public sector construction

VA ST § 2.2-4354 addresses the prompt payment of any contract awarded by any state or local public

subcontractor is not in compliance with the subcontract. If the contractor intends to withhold funds due

Additionally, the subcontractor cannot condition payment to lower-tier subcontractors on payment by the

general contractor. If any provision of the contractor's subcontract contradicts any this statute, then the

VA ST § 11-4.6 addresses payment of contractors and subcontractors on private sector construction

work, or within 7 days after receipt of payment from the owner. However, the higher-tier contractor is not

"Secretary Pete Buttigieg told correspondent Anderson Cooper that 'we've gotta take care of what we've

That means that contractors need to monitor bidding timelines for these projects, including more than 90

price escalations that may occur during the life of these projects. Finally, contractors who succeed in

"Governor Tom Wolf highlighted more than 90 projects anticipated to start and continue this year in the

Why this is important: COVID-19 restrictions caused an extended shutdown of nearly all construction

federal funding contribution will hopefully keep that trend alive for the foreseeable future. As a result, the

"Desperate times require desperate measures, making the prospect of widespread lawsuits a reality."

Why this is important: COVID-19-related supply chain disruptions affected nearly every industry in the

demand. Many participants in the construction industry are caught in the middle, particularly where their

"Although the construction industry does have a reputation for being resistant to change, the Covid-19

Why this is important: Taking the politics out of the discussion, climate change is an existential threat

future. The article is primarily based upon the United Kingdom, but some of the issues that face the UK

"These technologies will help catapult the construction sector, which accounts for 12% of global gross

Why this is important: Weather and labor disruptions cause huge impacts on construction projects,



source: https://www.jdsupra.com/legalnews/the-site-report-construction-law-6498669/

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