Construction is a complex business. Each project has its own unique physical and commercial considerations. Since there’s no such thing as a “standard†or “typical†construction project, construction contracts should also not be considered standard. The contractor must carefully manage both in order to have a successful outcome and protect the company’s interests and assets.
This book will help you manage all these elements of the contract:
- Scope of work and schedule
- Terms of payment and cash flow
- Assurances of performance
- Insurance, bonding, indemnity, and warranties
- Changes to the contract
- Disputes and their resolution
- Damages
- Termination and suspension
- Force majeure
- International contracting
