Let’s identify some of the most significant contract clauses to watch out for when reviewing your prospective subcontract agreement.
By taking the time to understand and negotiate these danger clauses, it also paves the way for a greater understanding of the shifting risks toward the subcontractor.
1 comment:
This is a very important article, particularly in this industry. The prospect of swimming through a sea of “legalese” is none to appealing to anyone. The fact of the matter is that at the end of the day we just have to know this stuff down pat. The section about Scope of Work resonates particularly heavily with me. It is a sad truth that people are often less that informed about what verbal/ written agreements actually constitute a contract. From this stance it is not hard to anticipate the problems that the Scope of Work section outlines.
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