For the past decade, legal and business professionals in the construction industry have eagerly anticipated the annual release of this best-selling guide. The "Construction Law Update" chronicles and communicates changes in the construction industry. Comprised of 12 informative chapters -- each written by an expert or experts in the field -- the 2007 Edition offers these contributing authors" timely, practical analysis on many current issues in the construction industry. The 2007 "Construction Law Update" brings you up-to-date with new developments impacting six major geographical regions of the United States: Southeast, Northeast, Southwest, West, Northwest, and Midwest. For these regions, you"ll discover what"s happening in vital areas such as: new legislation affecting payment obligations; minority business enterprise requirements; bidding rights and obligations; contractual rights and obligations; bonds and liens; insurance and sureties; Building Code issues; arbitration; and more!