Category Archive for: ‘Construction’

Fundamentals of Pricing Construction Contracts

A key component of survival and profitability in the construction industry is managing project risk. Risk management, broadly speaking, touches all areas of a business and includes activities from supervision on the job site to structuring and negotiating contracts. A well-drafted construction contract lays the foundation for a successful working relationship and a profitable job. A good contract will clarify …

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The Benefits of Securing Early Legal Review of Construction Contracts

A construction contractor is naturally familiar with tools and methods of construction. When evaluating a potential job, it follows that a contractor tends to focus on what is going to be built, how long the job will take, and how much the job pays. These basic terms, if satisfactory, might seem sufficient to accept the job at hand and begin …

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