By Karen L. Edwards, RCS Editor.
Hilary Morgan, Partner at Cotney Construction Law, has authored a new e-book that details contract provisions that can make or break a roofing contractor’s business. Often contracts are long, boring and several pages long. Sometimes they aren’t even completely read before being signed. Signing a contract without a thorough review is a big mistake that can cost you in the long run.
The e-Book reviews different provisions and provides real-world examples of situations that make understanding that provision easy. For instance, most contracts contain standard indemnification provisions that state which party is responsible when there are bad acts or omissions during a project. There are also super indemnification provisions that can protect roofing contractors if a bad act is due to something that the customer did to cause the issue. Most states limit indemnification and many ban super indemnification altogether. It’s important to understand the difference and understand your state’s rules.
Often contracts will contain contingent payment clauses that allow general contractors to not pay subcontractors until they are paid. Just because the clause is in there doesn’t mean it’s valid or enforceable in the state where the work is being performed.
Learn more about these provisions and others, including retainage, no damage for delays clauses, warranties, scope of work, attorney’s fees, disclaimers and more when you download the free e-Book.
Note: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.
Hilary Morgan, Partner at Cotney Construction Law, is a Florida Bar Board Certified Specialist in Construction Law and General Counsel of NWIR. Cotney Construction Law is an advocate for the roofing industry and also serves as General Counsel of FRSA, NSA, TARC, TRI, RT3, WSRCA and several other local roofing associations.
Download the ebook now and learn how you may reduce your liability. For more information, or visit www.cotneycl.com.
Comments
Leave a Reply
Have an account? Login to leave a comment!
Sign In