What Are Some Key Provisions in Construction Contracts?
When you enter into construction contracts, you need to be sure that your rights and interests are going to be protected. This means that you should make sure that all of the key provisions that should be addressed in a contract are being addressed. Our Houston construction contract lawyers can help you with this.
Which Key Provisions Should Be Included in All Construction Contracts?
If you are entering into any kind of construction contract, key provisions about the following topics should be included:
- Name and contact information for all parties involved in the project, including the customer
- A well-defined and clear scope of work for every party taking part in the project
- The timeframe for work to be completed
- How much insurance and which types of coverage will be maintained during the project
- Any warranties made
- Anything concerning payment, including how much each party is paid and how they can expect to get paid
Can Key Provisions of a Contract Help All Parties Account for Unexpected Issues?
Yes, your contract can be written to allow for changes to the original plans if needed. Even a smaller construction project can run into unexpected trouble due to all of the moving pieces and different parties involved in your project.
Key provisions of your contract can cover how everyone can come together to handle changes to the needed work, the scope of the project, or an adjustment to the project’s timetable. There can also be provisions that address when a construction contract can be safely terminated and what happens in the aftermath of that decision.
Can Key Provisions of a Contract Encourage Certain Methods of Dispute Resolution?
Some of the key provisions of your contract can affect how disputes are handled. We actually recommend this so that everyone knows exactly what to expect if disagreements come up. Do you want to handle these matters in court? Or do you want to try alternatives, like mediation or arbitration? If everyone can get on the same page here, disputes can be resolved quickly and work can start up again.
How Can Lawyers Help With Construction Contracts?
Our attorneys can help you with your construction contracts in some important ways. We can:
- Draft contracts
- Help you enforce key provisions of your contract
- Assist you when disputes arise
- Represent you during litigation or arbitration
- Advise you if you enter mediation
You should not be entering into any deals until you have a seasoned construction attorney sign off on it.
Contact Our Law Firm Today
Don’t let any of your big projects run into problems due to contract issues. Contact Patout & Shaw to schedule a consultation with our team and learn more about how we can be of assistance. We’ll help you draft enforceable agreements that don’t leave out any key provisions.
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