Prime Contractor Beware, No. 1: Watch Out for Owner/Lender Consent and Assignment Agreements

David K. Taylor | BuildSmart Here’s the Scenario: After months of working with a new developer client (and providing hours of unreimbursed value engineering) and hard negotiations over the cost plus GMP contract (fighting over indemnity/escalation/savings/liquidated damage clauses), you have a deal. You pop a cork with all involved since the developer has said this is… Continue reading Prime Contractor Beware, No. 1: Watch Out for Owner/Lender Consent and Assignment Agreements

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