Phone

3 Valuable Construction Contract Services to Help You Boost Profits

In the construction industry, contracts are king, so it’s imperative that all contractors approach new contracts with caution and skepticism. The last thing you want to do is find yourself locked into contractual obligations that threaten to overturn your business, but that is exactly what can happen when you blindly sign on the dotted line without first consulting a Charlotte construction lawyer

In this brief article, we will discuss three valuable construction contract services offered by Cotney Construction Law. These services are intended to prevent contract-related disputes from escalating while simultaneously boosting your profits. A poorly written contract could require you to pay out of pocket for work that falls outside the scope of work or contribute additional time to a project that has fallen behind as the result of an owner’s negligence. Don’t let this happen to your business, consult a Charlotte construction attorney today for assistance with contract review, drafting, and negotiation.

Contract Review

No matter how much you trust an owner, even one you’ve worked with a dozen times before, you should always have an attorney review your contracts before signing on the dotted line. This is to prevent you from accidentally signing a contract that hurts your business. When you neglect to review your contracts with an attorney, you could fall victim to unfair terms and conditions or terms of use as well as other oftentimes tricky clauses pertaining to licensing agreements, joint venture agreements, privacy policies, indemnity provisions, “pay when paid” clauses, or “pay if paid” clauses. At Cotney Construction Law, our fixed price for contract review services is well worth the peace of mind achieved knowing that your contract is written to protect your best interests. Avoiding costly disputes by paying a minimal fee upfront is an effective way to boost your annual revenue.

Contract Drafting

There’s nothing more dangerous than a poorly written contract, especially when an owner tries to rely on boilerplate contracts that offer very few protections to either party. These types of contracts might be effective for getting a project going, but they can’t account for the specific needs of your business. Fortunately, an attorney from our Charlotte construction law firm can draft a new contract that protects your interests and gives the owner a reason to work with you time and time again.

Contract Negotiation

After a Charlotte construction lawyer reviews your contract and identifies areas that need to be updated to protect your business, it’s time to negotiate the inclusion of such revisions in your contract. A lawyer can present a compelling argument on your behalf to convince the owner that the current contract, as written, is simply not suitable. These negotiations are best handled by an expert that is familiar with construction contract law, can provide the evidence to prove that you are the best choice for the job, and request that your conditions be met before moving forward.

If you would like to speak with an attorney from our Charlotte construction law firm, please contact us today.

Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.