by astoundz | Jan 12, 2017 | Risk Solutions
Standard of Care Provision – Contract Tip of the Week Q: I’ve heard conflicting opinions about including a standard of care provision in my contract. What are your thoughts and recommendations? A: The law recognizes that professionals must exercise reasonable...
by astoundz | Jan 12, 2017 | Risk Solutions
Warranties or Guarantees – Contract Tip of the Week Q: How do warranties or guarantees affect the standard of care? A: Warranties or guarantees often go beyond the normal standard of care required in performing professional services. They may obligate you...
by astoundz | Jan 12, 2017 | Risk Solutions
Force Majeure – Contract Tip of the Week Q: What is “force majeure” and how does a force majeure provision impact my contract? A: A force majeure is an occurrence beyond your control that may impact your ability to perform your contractual obligations....
by astoundz | Jan 12, 2017 | Risk Solutions
Change in Agreement – Contract Tip of the Week Q: My client made a change in our agreement without notifying me. How can I address this? A: It is in your best interest—and arguably in the best interests of both parties to the agreement—to include terms in your...
by astoundz | Jan 12, 2017 | Risk Solutions
Subconsultants – Contract Tip of the Week Q: We need to hire subconsultants for a portion of our services. Does my client need to approve? A: Check your agreement. It’s not unusual for the owner/client to require prior approval of subconsultants. One way to address...
by astoundz | Jan 12, 2017 | Risk Solutions
Complex Requirements – Contract Tip of the Week Q: My contract contains complex insurance requirements that I don’t fully understand. Can you help? A: Yes! Please contact your insurance broker, who can work with RLI to review, explain, and address the insurance...
