For example, the AIA A201-2017 section 3.6 General Conditions provides that the contractor is responsible for all taxes on the work.

Parties to a construction contract must be careful in understanding both the plain, ordinary meaning and the legal meaning of the particular words used Oct 11, 2017 ...

Commonly used fixed-price contracts that say, “This building will be built for this price and finished by this date,” have become a risky proposition during a time of so much uncertainty.

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 ...