Understanding & Negotiating Construction Contracts
Understanding & Negotiating Construction Contracts: A Contractor's & Subcontractor's Guide To Protecting Company Assets is a practical desk reference designed to help identify, understand and evaluate high-risk terms and conditions typically found in construction contracts then negotiate to lower or eliminate the risk, improve terms of payment and reduce exposure to claims and disputes. You don't have to be a lawyer to understand the risks and to be able to negotiate better and less risky commercial terms and conditions. The author has written this book without using legalese, instead providing real-life examples you can relate to from actual projects from small residential and retail to large commercial, industrial and international work. This book will help readers manage elements of a typical contract including scope of work and schedule; terms of payment and cash flow; assurances of performance; insurance, bonding, indemnity and warranties; contract changes; disputes and resolution; damages; termination and suspension; Force Majeure; and more.