Bill Shaughnessy | ConsensusDocs Reviewing and understanding the terms of your construction contract before signing on the dotted line (ideally with counsel involved) is an obvious best practice – whether you are owner, general contractor, design-professional or down-tier subcontractor or supplier. Typically, during this review process, parties pay closest attention to terms relating to price,… Continue reading Sweat the Small Stuff – Don’t Overlook These Three (3) Clauses When Negotiating Your Construction Contract
Tag: Construction Contract
Your Construction Contract
David Adelstein | Florida Construction Legal Updates Your construction contract is an important topic. What’s even more important is YOUR process for reviewing and negotiating construction contracts. Are you simply acting as a riverboat gambler willing to assume undue risk because you don’t value the investment in understanding what you are signing? If so, it becomes hard… Continue reading Your Construction Contract
Notice Requirements For Contractors Should Include Waivers For Non-Compliance
Kenneth Block | Tannenbaum Helpern Syracuse & Hirschtritt Construction projects in New York City are often fast-paced and large in scale. As a result, the attention of both contractors and owners is often focused on the progress of construction and not the details of the underlying agreement between the parties, and it is not uncommon… Continue reading Notice Requirements For Contractors Should Include Waivers For Non-Compliance
Tips for Drafting Performance Specifications
William J. Tinsley, Jr. | Phelps Dunbar An owner’s traditional design (or prescriptive) specifications give the contractor specific, step-by-step details for construction. If the contractor builds a project according to design specifications, it has no liability for the design. In contrast, true performance specifications focus upon the owner’s requirements for the finished project. Performance specifications… Continue reading Tips for Drafting Performance Specifications
Indemnification In Construction Contracts
The Cromeens Law Firm I think a lot of contractors are afraid of indemnification provisions because they do not know what they mean and how they are supposed to work. The general idea behind indemnification in construction contracts is that you are responsible for any damage you cause and any injuries to your subcontractors or employees. This… Continue reading Indemnification In Construction Contracts