How to Terminate a Construction Contract
There are a number of ways that a construction contract can be terminated. It’s important that the contract permits the person to terminate. Any procedures regarding how and when the
There are a number of ways that a construction contract can be terminated. It’s important that the contract permits the person to terminate. Any procedures regarding how and when the
Construction contracts are complex and carry significant legal risks. For this reason, it is important to engage a contract lawyer. Construction contracts are a critical document in allocating legal risk.
Fit-for-purpose obligations require that a good or service is suitable for a particular purpose. The fit-for-purpose requirement may be set out in a contract or implied by law. Fit-for-purpose obligations
Contractors can have insufficient resources or expertise for certain building works. In these instances, a contractor may decide to hire a sub-contractor to perform part of the works. A subcontractor
Liquidated damages are a predetermined amount of loss. It calculates a specific amount of loss before incurring any loss. People often use the term in construction contracts. Liquidated damages can