Ideal Contracting’s Post

Charlotte City Council has approved a plan for major renovations to Bank of America Stadium. The price tag is $650 million. The proposal from the Carolina Panthers includes upgrades to concourses, video boards, and seats, along with a new fieldhouse and a park-like atmosphere being created outside the stadium. Read the full article on WXII 12 Triad CW at https://lnkd.in/etuMSzWs. Here at Stiver, we appreciate that each client and project is unique in terms of needs and preferences. This is why our skilled team of engineers is the best choice for your project. We tentatively oversee each process from conceptual decisions to implementing and completing construction so that the integrity of your overall project is robust and durable. See how our commitment to excellence has set us apart in structural design at https://lnkd.in/ga3MwmHQ. #stivereng #structuralengineers #structuralengineering #structuraldesign

Exciting updates in the world of sports architecture! Structural steel construction at the new Highmark Stadium for Buffalo Bills has begun, marking a significant milestone in this colossal project. For insights into the construction journey, read the full update here #ConstructionNews #SportsArchitecture

$340M stadium project has flipped from Design-Build to Construction-Manager-at-Risk and the original general contractor has bowed out. This followed an announcement that the estimated time of completion had been pushed back one full year to 2027 due to supply chain issues. (Surprising to me, as I've heard most supply issues have ironed out since COVID). From conversations I've had over the last few weeks, most delays are attributable to the general contractor, and in this scenario the new general contractor has agreed to take on the liability of delays and spend over budget. +70% (!) of projects finish past the original scoped deadline. I do believe the new GC can make it work, but the odds are against them. With what sounded like a competitive bid process, I hope they haven't overpromised! https://lnkd.in/gatAscyz

Choosing the ideal team for your commercial building project is important. Our years of experience at Adkins Building and Construction are a valuable asset. We're dedicated to providing perfection every step of the way, from the first estimates to the finished build 🏗️👷♂️ Ready to transform your commercial space? Contact us today for an initial quote! #BuildWithAdkins #CommercialRemodel #GetAQuote #TransformYourSpace #BuildingSuccess

President and CEO, Donovan Everett shares insights on what our genuine general contractor partnership with Turner Construction looks like in this article about the Spectrum Center project, which is scheduled to be completed over the next two summers. Read more here! https://lnkd.in/g-W7TfWs

Major step forward as tenders issued for South Park and Renmore masterplans

Major step forward as tenders issued for South Park and Renmore masterplans

updating under what's next for Tremont:

A new trend in stadium construction? Reduced fixed seating 🏟️ Explore how your seating strategy should adapt to meet the needs of the modern fan ► https://lnkd.in/gwTqzPye

Case Summary: A & V Building Solution Ltd v J & B Hopkins Ltd [2024] EWHC 2295 (TCC) In this complex adjudication case, the court clarified the allocation of adjudicators' fees and interest between parties. A & V Building Solution Ltd claimed £136,343.17, which included interest and fees for Mr. Blizzard. However, the court awarded only £17,400 for Mr. Blizzard's fees, stating that adjudicators’ decisions regarding fee liability are generally binding and final unless explicitly challenged in court. The court reinforced the principle set in Castle Inns v Clark Contracts Ltd, where the adjudicator's decision on fees cannot be easily overturned or adjusted post-ruling, highlighting the limited scope for appeal. A & V’s attempt to recoup Mr. Smith’s fees, which had been awarded to J & B Hopkins, was denied as no formal claim was made at the outset. Additionally, the judgment addressed interest under the Late Payment of Commercial Debts (Interest) Act 1998. The court determined that only specific sums, such as the measured works claim, were eligible for statutory interest, while other claims, like loss of profit and adjudicators’ fees, did not qualify under the Act. The statutory interest rate of 8% over the Bank of England base rate was applied, but A & V’s attempt to use a flat 13.25% throughout the entire period was rejected. Key takeaways for Contract Specialists: - Adjudicators' fee decisions are difficult to challenge, emphasizing the importance of ensuring the accuracy of contract terms regarding dispute resolution costs. - Ensure clarity in the contract's payment terms to avoid reliance on statutory interest under the Statutory Acts, which may not cover all claims. - Careful management of contract variations and adjudication procedures can prevent costly disputes over fees and interest. Below are the details of the case. #ConstructionLaw #ContractManagement #Adjudication #LegalUpdate #ContractSpecialists #TCCJudgment #DisputeResolution #LatePaymentInterest #FeeLiability #WA #WesternAustrallia #EnergyTransition #RenewableEnergy #Sustainability #CleanEnergy #InnovationInEnergy