Joseph Voboril | Tonkon Torp The Construction Contract is Critical A construction contract is the primary source for managing risk for a project of any size. The contract should include detailed provisions that touch on every element of a project including warranties, limitations of liability, insurance, payment terms, change order requirements, dispute resolution, and lien… Continue reading Managing Construction Risk For Oregon Owners And Builders
Tag: Construction Risk
Forethought Is Key to Overcoming Construction Calamities
Mitch Cohen | Construction Executive Without warning, an under-construction structure in the southern United States suffered a catastrophic collapse. The tragedy resulted in the death of several people. As a result, engineering and construction post-collapse forensics experts engaged in an 18-month investigation. Those involved in the design and build project included the general contractor hired… Continue reading Forethought Is Key to Overcoming Construction Calamities
The Paradigm Shift on Risk in Construction
Joseph A. Cleves, Jr. | Taft Stettinius & Hollister LLP | November 7, 2017 Many owners still rely on heavy-handed contracts to provide them with risk certainty. The goal is to reduce their risk by shifting it to designers and contractors. While this approach has a certain logical appeal, it has the paradoxical result of… Continue reading The Paradigm Shift on Risk in Construction
Keeping Construction Risks Less Risky
John J. Sylvanus | Barley Snyder | August 14, 2017 Major construction is full of risk and reward. Owners, architects, engineers, contractors and subcontractors – all are bound to each other by a web of agreements, common schedules and desired outcomes. Everyone on a project is dependent on everyone else and subject to events beyond their… Continue reading Keeping Construction Risks Less Risky
Top Five Strategies for Managing Construction Risks
Michael Gibbons | Lowndes, Drosdick, Doster, Kantor & Reed, PA | June 2, 2017 Construction is a risky business. During construction, claims for personal injury, property damage and economic losses are foreseeable and must be managed. After completion of construction, warranty claims and claims for latent defects are proliferating. Owners, developers and contractors must proactively… Continue reading Top Five Strategies for Managing Construction Risks