Top Tips to Help You Avoid Compliance Issues in Texas Construction Law
A builder is required to navigate many complex areas of the law while conducting its business. Unfortunately, if the builder fails to properly comply, the penalties can be harsh. For example, in the employment law area, Texas requires an employer to obtain and provide certain information to a new employee. Some of the required new […]
Construction Bonds: Win More Bids and Avoid Pitfalls
To work on governmental or larger private projects, a builder will need to obtain construction bonds. While virtually all governmental construction projects require bonds, some private projects also require bonds. When a builder seeks to expand into these areas, it can be intimidating and confusing. There are many types of construction bonds, with each type serving a particular purpose. Builders are faced with […]
Is COVID-19 Creating Cracks in Your Construction Process?
The current pandemic has already had a significant impact on the construction industry. The general state of the construction industry in Texas is that while construction projects are generally exempt from the business restrictions found in emergency declarations, the COVID-19 crisis has caused significant problems in areas such as financing and the availability of laborers […]
Big Fines and Jail Time – How to Avoid Misusing Construction Funds, Part 2
Builders must be careful with money received from owners and keep good financial records on each project. Chapter 162 of the Texas Property Code, commonly referred to as the Texas Trust Fund Act (Act), is intended to protect those furnishing labor or materials for the construction or repair of property by declaring that funds are […]
Big Fines and Jail Time – How to Avoid Misusing Construction Funds, Part 1
Texas builders can be criminally liable for failing to comply with financial bookkeeping requirements and misusing construction funds paid by the owner. While many district attorney offices are reluctant to prosecute construction industry fraud, some DA offices will seek criminal prosecution in egregious circumstances. As a result, a builder needs to be aware of what […]