Contract Drafting

A good construction contract can save your company headaches and thousands in future legal fees by preventing disputes and preserving legal tools and rights in the event of a dispute. Since every business is different, a custom contract is a must.

Scott Wolfe

At the bottom of this page, you’ll find easy instructions on how to order a contract catered specifically to your unique needs.

FAQs

Despite everyone’s best efforts to make things work well, disputes in the construction industry are all too common. Disputes come in every variety and at one time or another, they effect every party to the construction project. Disputes usually consume a lot of time and money, and result in frustrating delays to the project.

When a dispute arises, the parties typically turn to the contract documents for guidence on a possible resolution.

Clear, well-drafted contracts properly guide the parties about each’s obligations, which means less time and money spent arguing over who was supposed to do what.

Plus, a construction contract can include alternative dispute resolution provisions to keep the parties out of court (expensive) and in alternative dispute resolution processes (less expensive).

When companies have cash flow problems, they prioritize their accounts payable. This simply means they decide who gets paid first, and who is put on the waiting list. For the companies who are owed money, its important to understand this mentality, and to make its debt the first in line for payment. But how? The answer is in the contract. Good contracts make it painful for companies to push off its debt.

Contract provisions that impose penalties, charge interest, provide for the recovery of attorney fees and collection costs, make it difficult for a non-paying customer to ignore the debt.

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