• Risk Transfer Clauses: Subcontractor Beware

    Risk Transfer Clauses: Subcontractor Beware0

    ByTodd R. Regan, Gordon Rees Scully Mansukhani, LLP From a general contractor’s perspective, the use of so-called risk transfer clauses in subcontracts serves to allocate the risks passed down from the project owner amongst the various project participants. Contractors will point out that these clauses assign the risks and responsibilities to the parties who are

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  • Eliminate or Reduce Financial Impact of Retainage

    Eliminate or Reduce Financial Impact of Retainage0

    By Lee Brumitt, Esq., Dysart Taylor McMonigle Brumitt & Wilcox, P.C. In the 1840’s, the United Kingdom was constructing a massive railway system. The huge work demand brought unqualified and insolvent contractors to the fray. Defective and incomplete work was commonplace. To combat the losses and assure that work was completed, the government withheld 20%

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  • What To Look for When Entering a Construction Contract

    What To Look for When Entering a Construction Contract0

    By Marc Felezzola and Angela Harrod Maybe your construction business is growing, or maybe it has been a long-standing national competitor, but regardless of how established your business is on the national scene, there are certain things that you should always consider when reviewing a subcontract. This is especially true when your business is entering

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