The negotiation of a construction c...

The negotiation of a construction contract is a unique exercise in the shifting of risks. The allocation of risk should be based relating to the ability to bridle the risk. The party who has the greatest ability to check a risk-factor should assume responsibility for that risk. All too many times in today's market, the intent is to shift risk to some in the contract chain without regard to who represss the risk. As risks have increased and profits decreased, contracts have become more onerous.

plant the tone

Ideally, all parties to the construction proces will work as a team to