The contract documents establish the rules and framework for the design and construction of the project. Based on previous projects and conflicts, experienced construction practitioners have their own forms and, as importantly, opinions on what should typically be included in Owner-Contractor, Owner-Architect and Contractor-Subcontractor agreements.

Even skilled practitioners, however, must alter or modify the contract documents to meet the needs of the specific project in order to avoid omissions or conflicts that could adversely affect both the client and the project. This presentation will focus on the principal issues a practitioner should address in tailoring design and construction contracts to a project and, specifically, the needs of the client.

Download Article »

Critical components of a contract include: indemnification, scope of work, warranty, payment terms, pay if paid/pay when paid. schedule of values, liquidated damages, damages waiver(s), financial wherewithal of owner, schedule, construction change directives, and more. The following article lists each section and gives details.

Download Article »