Construction Trust Funds

Welcome to a comprehensive guide on construction trust funds and why trust is essential in the construction industry. Building projects are complex endeavors that involve multiple stakeholders, including contractors, subcontractors, suppliers, and clients. With so many parties involved, it’s crucial to ensure that funds are managed transparently and responsibly. In this guide, we will dive into the depths of construction trust funds, exploring what they are, how they work, and why they are a […]

By | November 27th, 2023 ||

Key Changes To Ohio Construction Law For Certain Public Entities Beginning October 3, 2023

Effective October 3, 2023, the threshold amount for rejecting bids when they exceed the original construction estimate will increase for certain Ohio public entities. Previously, Ohio Revised Code (ORC)153.12 specified that no public owner, including the State of Ohio (State), could award a contract to a bidder whose bid exceeded 10% of the construction estimate. Effective October 3, 2023, only the State must reject bids that exceed 10% of the estimated contract amount, while […]

By | October 3rd, 2023 ||

Rain Or Shine, Changes To California’s Construction General Permit Are On The Horizon

Municipalities, landowners, developers, and others engaged in construction activities in California have faced increasing regulatory scrutiny over alleged stormwater discharge violations in recent years, including a record high $6.6 million in civil penalties assessed for unauthorized sediment discharges from a construction site in Orange County in June 2022 (currently on appeal). (See our prior alert here). In light of heightened regulatory attention and the potential for increasingly aggressive citizen suits, it is important for all parties […]

By | September 11th, 2023 ||