1 / 1

5 Costly Mistakes in Construction Contracts

Avoiding small mistakes in construction contracts can save you time, money, and legal trouble. This infographic highlights 5 common errors that can derail your project. Stay informed, stay protected. Learn more about construction contract reviews

wizard8
Download Presentation

5 Costly Mistakes in Construction Contracts

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 5 COSTLY MISTAKES IN CONSTRUCTION CONTRACTS 1. Vague Scope of Work Leads to disputes and extra costs. Always define work clearly. 2. Missing Payment Terms Unclear payment timelines cause cash flow issues. Set milestones and deadlines. 3. Ignoring Delay Clauses No clarity on handling delays? You risk project overruns and penalties. 4. Skipping Legal Review Not having a contract reviewed by a legal expert can lead to loopholes. 5. No Dispute Resolution Clause No clarity on handling delays? You risk project overruns and penalties. https://www.guardianpc.com.au/why-construction- contract-reviews-are-important/

More Related