Construction Subcontracts: Contractor's Drafting Checklist | Practical Law

Construction Subcontracts: Contractor's Drafting Checklist | Practical Law

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Construction Subcontracts: Contractor's Drafting Checklist

Practical Law Checklist w-017-9224 (Approx. 19 pages)

Construction Subcontracts: Contractor's Drafting Checklist

by Levi W. Barrett and Nathan A. Cohen, Peckar & Abramson, P.C., with Practical Law Real Estate
MaintainedUSA (National/Federal)
A Checklist identifying key drafting considerations for a contractor when preparing a construction subcontract to ensure a proper flow down of responsibilities from the contractor to the subcontractor and where appropriate, to shift project risk to the subcontractor. This Checklist assists contractors when drafting, reviewing, or negotiating subcontract agreements on projects using different types of pricing methods, such as fixed price, cost-plus, and guaranteed maximum price (GMP).