by astoundz | Nov 14, 2017 | Contract Tips
Should I name third-party beneficiaries? Q: Does my risk increase if I name third-party beneficiaries in my contract? A: Naming third-parties as beneficiaries in your contract may allow those parties the right to bring claims directly against you. Since those parties...
by astoundz | Oct 23, 2017 | Contract Tips
Who owns my project documents? Q: Does my client own my project documents? A: It depends on your contract language. A license to use your documents is often intended only when you’ve been paid in full for your services. Also, some clients don’t understand...
by astoundz | Sep 22, 2017 | Contract Tips
Does indemnification leave me exposed? Q: The indemnification section of my contract places the majority of responsibility on me. How can I manage this exposure? A: Your Be wary of references to damages or obligations beyond those that are proximately...
by astoundz | Aug 24, 2017 | Contract Tips
Should I be concerned about a Set-off Provision? Q: My new client has proposed a set-off provision for our contract. Is this an issue I should be concerned about? A: A set-off provision typically allows your client to offset their own (real or potential)...
by astoundz | Jul 12, 2017 | Contract Tips
Do contract confidentiality/prorietary requirements leave you confused? Q: When the contract requires protection of confidential/proprietary information, what information may NOT fall into that category?A: Keeping in mind that this is not an all-inclusive list,...
by astoundz | Jan 13, 2017 | Contract Tips
Shop Drawings and Submittals – Contract Tip of the Week Q: What are some of the risks associated with shop drawings and submittals and how can I manage them? A: While we have no specific recommendations or requirements for shop drawing or submittal stamp...
