DO YOU KNOW YOUR CONSTRUCTION CONTRACT – Part I

Time and time again we meet with clients who are involved in a dispute with another party because one side thought they had agreed to one thing and the other party thought they had agreed to something else. These types of disputes can often be avoided by having a well-drafted construction contract. We often find that when a construction contract is not prepared or reviewed by an experienced construction attorney, the contract may be unclear or totally silent on very important issues. Sometimes, a single omission (either a clause not read or misunderstood) can result in a major financial loss. This article is part of a series of articles which are designed to identify several key clauses that every party to a construction contract should carefully review and understand prior to entering into a contract.  Read On . . .