Delays seem to be a fact of life for all construction projects. The unfortunate results include cost overruns, contractor defaults, bond claims, lien claims and litigation. All of these consequences damage the project, the owner and the contractors. This article will suggest techniques for avoiding project delays. In some instances, delays cannot be avoided, and this article will also suggest how to most effectively minimize the consequences of delay.
The Contract
The construction contract should be very detailed in describing the scope of the work and should not be missing any information, or provide conflicting instructions or terms. The clearer the contract, the less likely there will be delays.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]