Killer Clauses in Construction Subcontracts: Allocating Risk with Subcontractor Agreements
As general contractors take on more projects, they will likely find themselves working with new and unfamiliar subcontractors, warn James T. Dixon, P. Wesley Lambert, Amanda M. Leffler and Amanda P. Parker of Brouse McDowell.
“Whether parties are considering working with a new partner or simply re-evaluating existing relationships with long time partners, the parties should consider how to best allocate the risks associated with each project,” they write.
They discuss some of the key provisions contractors and subcontractors should understand when evaluating the risks allocated through subcontract agreements.