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Contracts

Does Your Construction Contract Protect Your Payment Rights? Part 2

In part one of this two-part article, we discussed how contract provisions can have a significant impact on your right to pursue payment on a construction project. Below, we continue our discussion by covering delays and North Carolina retainage laws. As a contractor, you must be aware of not only provisions related to payment but […]

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Does Your Construction Contract Protect Your Payment Rights? Part 1

Many contractors are known to bet it all on a single project in the hopes that the significant resources they invest will pay dividends by project completion. While you should hope for the best, you must plan for the worst: a vicious payment dispute. The best way to combat a payment dispute is to prevent […]

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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 […]

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3 Contract-Related Questions to Ask Before Signing

Without contracts keeping contractors and owners on the same page and ensuring that their distinct obligations are satisfied, the construction industry would be far too chaotic to succeed. Fortunately, today’s construction professionals understand the immense importance of construction contracts and the dangers of committing to a project without a contract or signing a contract that […]

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Which Contract Documents Can a Colorado Springs Construction Lawyer Review?

Construction contracts are composed of a myriad of documents outlining various terms and conditions that must be followed to a T for a project to progress according to plan. When a contract is breached, disputes are sure to follow in short order, so it’s imperative that you have a thorough understanding of your obligations before […]

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How Contractors Can Reduce the Cost of Professional Contract Review Services

As a contractor, you possess a strong understanding of the importance of contracts in the construction industry. Without these vital documents, it would be nearly impossible for projects to proceed according to plan, which is why you should always ensure that your contracts are well-written and absent of clauses that:  Render your business culpable for […]

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Two Contract Clauses Every Subcontractor Should Look Out For

Whenever a subcontractor is tasked with providing work to a construction project, they must be careful to ensure that their hard work isn’t going to end up costing them money in the end. This might seem counterintuitive or backwards, but it’s a grim reality in an industry funded by owners that value terms and conditions […]

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Should I Be Worried About Multi-Party Negotiations? Part 2

In part one of this two-part series, a Broward contractor attorney from Cotney Construction Law explained the fundamentals of multi-party negotiations, the pre-negotiation stage, and the various complexities associated with these negotiations. As we discussed, negotiations involving three or more parties are decidedly more complex than traditional two-party negotiations, and contractors can benefit by having […]

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Should I Be Worried About Multi-Party Negotiations? Part 1

Multi-party negotiations occur when three or more individuals representing different parties meet to resolve differences pertaining to their interests, needs, and objectives. Ideally, a multi-party negotiation will result in a consensus, but it’s ultimately up to the relationship between these parties and the nature of the negotiation. There are many types of multi-party negotiations, and […]

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Important Clauses for Your Nashville Construction Lawyer to Review Part 3

In parts one and two of this three-part series, a Nashville construction litigation attorney covered five types of clauses that can commonly be found in subcontractor contracts, including: Scope of Work Change Orders Flow-Through No Damages for Delay Contingent Payment Now, we will conclude this comprehensive series by detailing lien waivers, indemnification, and dispute resolution […]

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