Before signing a construction contract, it is vital that you seek advice from an experienced Construction Lawyer.
We specialise in Building and Construction and have seen it all. We have collated the below tips for reviewing a Construction Contract:
- Read the Contract Carefully:
- Take the time to read the contract thoroughly, paying attention to every detail.
- Identify any ambiguous or vague language that could lead to misinterpretation or disputes.
- Assess and Address Ambiguities or Vague Language:
- Look for provisions that may be unclear or open to interpretation.
- Ensure clarity to avoid future disagreements.
- Evaluate the Scope of Work:
- Compare the outlined scope of work with your expectations and project requirements.
- Confirm that it aligns with what you discussed with the contractor.
- Review Payment Provisions:
- Check if payment terms accurately reflect the agreed-upon terms.
- Ensure fairness and reasonableness.
- Review the Contract Duration:
- Review the expected completion date for the project and consider the liquidated damages clause and whether the amount for liquidated damages is appropriate.
- Dispute Resolution Mechanisms:
- Make sure you review the dispute resolution clause and consider your rights and obligations if a dispute arises.
Remember, a well-reviewed construction contract can minimise the risks related to cost, time, and quality. Protect your interests by understanding the contract thoroughly and seeking expert advice when needed.
For a free 20 minute call with an experienced Construction Lawyer, please call us today on (07) 3186 8669. We are here to help you navigate the complexities of building and construction law.
Aleksandra Moore
Associate Director