E Point Perfect – Interesting and beneficial content
Law \ Legal

A New Year’s Resolution: More Consideration of Time Limits


In a world of pure cooperation, if the owner of a construction project or a contractor causes a problem, the responsible party would admit fault and make amends—rendering the negotiation of a construction contract unnecessary. In our less than ideal world, owners and contractors have adverse interests, the party at fault is not always clear, and when a dispute arises, the construction contract provides a pathway to resolve it. In my latest column for the Daily Journal of Commerce, I look at several procedural provisions in construction contracts that include some form of time limitation, such as a stipulated time for a contractor to submit a claim, and provide some suggestions for parties to ensure they comply with those limits. You can read the full column here.

Originally published as an Op-Ed by the Oregon Daily Journal of Commerce on January 19, 2023.


Source link

Related posts

New Texas Bill Would Provide Qualified Release Relief To Trustees Who Deliver Adequate Accountings Without A Timely Objection By The Beneficiary

Perez Oral Argument – LexBlog

Hughes v. Northwestern: ERISA’s and the Duty of Prudence

DOJ’s New Corporate Enforcement Policy for the Criminal Division and its Impact on Cases handled by other Divisions

Troutman Pepper Weekly Consumer Financial Services Newsletter

REGISTER TODAY! Abbott & Kindermann’s 22nd Annual Land Use, Environmental, and Real Estate Law Update