Construction Contract Attorney Austin. Regardless of whether you’re a general contractor or subcontractor, it’s always important to have a total understanding of a contract prior to starting any project. When it comes to the negotiation stage, the main focus is always on the client, who always wants to ensure that the job is secure and provide the contractor with everything that they are asking for.
Here are three of the best tips to consider when it comes to dealing with construction contracts.
*First and foremost, perhaps one of the best tips to consider when dealing with construction contracts involves both bond rights and liens. It’s important to keep in mind that in the event anything were to go wrong involving a project, either a bond or lien may end up being your only way to get paid. These are two important rights that should never be waived for any reason.
*Another of the best tips to consider when dealing with construction contracts is to always get anything and everything in writing. While this sounds extremely simple, it’s also something that happens far too often, especially when it comes to change orders. If you don’t have any kind of change properly documented and something ends up going wrong, you could potentially end up experiencing issues later on.
*Construction Contract Attorney Austin. One other great tips involving dealing with construction contracts is to always obtain the complete document. It’s important to remember that oftentimes, whatever you may end up signing won’t end up being the complete document. This is because there will typically be attachments, project specifications, exhibits, and more that are important portions of the agreement. Furthermore, you should also be aware that contracts can legally bind the owner and general contractor, as well as a subcontractor, even if they may not have actually signed the document.