With United States inflation running at a 40-year high, energy contractors are increasingly concerned about its impact. The below table illustrates the extent to which various measures of construction costs are steepening: GAILLE PLLC represents both owners and contractors with respect... Continue Reading →
I am pleased to announce my new article in this month's edition of the Energy Law Journal: REDUCING CONFLICT AND RISK: WHY PARTIES BENEFIT FROM USING ENUMERATED ADJUSTMENT CLAUSES IN ENERGY CONSTRUCTION AND SERVICES AGREEMENTS Synopsis: As the United States transitions... Continue Reading →
This Friday I’ll be speaking at SparkCon, a conference that focuses on innovations in the energy industry. One of the innovations I’ll be discussing is how GAILLE PLLC is challenging the legal service delivery models available to the energy industry.... Continue Reading →
Gaille Energy Blog Issue 93 explained the following four types of construction/services compensation and the incentives created by each: Lump SumUnit PriceTime & Materials (T&M)Actual Cost This issue discusses how incentive-based compensation mechanisms can be added to Actual Cost and... Continue Reading →
This article explains the differences between the four types of compensation typically used in energy construction agreements: Lump Sums. The contractor is paid a flat price for successful completion of all of the work. For example, a contractor might be paid a... Continue Reading →
A Contractor’s pricing and schedule are based on a variety of factors, including the scope of work, site conditions, and seasonal weather risks. Sometimes nothing changes. More often than not, though, the Owner makes changes to the scope of work—or... Continue Reading →
I spent Father’s Day visiting my parents in South Texas. Much of our conversation was about the state of the world and how bad things have been this 2020. But the trajectory of human progress—like the stock market—is not a... Continue Reading →
In just one decade, the energy sector has seen three dramatic busts: (1) the 2008-09 financial crisis; (2) the 2014-15 oil crash; and (3) the 2020 COVID-19 pandemic (the “Three Crashes”). The 2020 crash may be the worst yet. One of my clients... Continue Reading →
Like most other businesses, law firms, too, are suffering the economic effects of COVID-19. Although many lawyers are able to work just as efficiently from their homes as they can from their offices, the impacts of COVID-19 on clients often... Continue Reading →
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