Widow Expands Construction Firm Through Financial Immersion

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Mary Wyatt can smile about it now. Even laugh about it. About how she didn’t even know how to tighten a hard hat the first time she put one on. About how little she knew about construction just two years ago. No more than dinner-table conversation with her husband John, president of Wyatt General Contractor, LLC at their Vestavia Hills …

City in Oklahoma Plans to Call Contractor’s Bond

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The city of Ada took action last week that could result in a lawsuit against the company that built the Wintersmith Park Music and Movie Venue, over allegations that the completed facility did not meet the city’s specifications. On Monday, the Ada City Council declared the Tulsa-based Timbrel Building Co. in default on its contract and authorized the city to …

AIA Documents Include Insurance, Bond Provisions as Exhibits to Agreements

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The American Institute of Architects’ standardized contract series is widely used across the construction industry, in addition to options from competitors like ConsensusDocs and the Design Build Institute of America. When the AIA issues revisions to its contract documents every 10 years, it garners a good deal of attention, as these changes can impact all project stakeholders.   Tell me …

Planning Board Requires Bond Guaranteeing Hospital Project’s Completion

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KINGSTON, N.Y. >> HealthAlliance of the Hudson Valley has yet to hear from state officials on its September application to expand one hospital campus and to convert the other into a “medical village.” In a brief email last week, Marketing Director Lynn Nichols said there was no new information on HealthAlliance’s application to the state Health Department. “We do not …