Deep Dive Contract Provisions: Part 1
Get ready for a comprehensive journey through the intricate world of construction contract provisions. In this three-part series, we’ll be untangling the complexities of key contractual clauses that often bewilder industry professionals.
In Part 1, Alex zooms in on four crucial topics:
- Right to Stop Work: Understand the conditions under which contractors or subcontractors can halt work without breaching the agreement.
- Notice and Opportunity to Cure: Grasp the significance of this provision, ensuring all parties have a fair chance to rectify potential breaches before drastic measures are taken.
- Pay When Paid: Unpack the intricacies of this controversial clause. When does payment actually become due, and what are the implications for both parties?
- Price Escalations: In a world of fluctuating material costs, Alex breaks down how contracts can accommodate price hikes, ensuring both parties remain protected.
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About Alex Barthet
Alexander Barthet is a board certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
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