Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look ...

PV Magazine - June 22, 2020. The negotiation of an engineering, procurement and construction (EPC) agreement for a battery energy storage systems (BESS) project typically surfaces many of the same ...

Lump-sum -- or fixed-price -- construction contracts now account for about half of all contracts in the U.S., according to industry think tank PSMJ Resources. Generally speaking, both sides favor ...

The New York City Housing Authority (NYCHA) finalized a new project labor agreement with the Building and Construction Trades Council of Greater New York, nailing down a new contract for the first ...