What is "Fair" in Construction Contracts?
By Eric A. Grasberger 5/17/2012
Summary:
In a Daily Journal of Commerce column, Stoel Rives construction law attorney Eric Grasberger discusses the evolution of "fairness" concepts in construction contracts. He describes the following key fairness tussles now occurring between owners, designers and contractors:
- Should liability be limited?
- Should indemnity be limited only to negligence or insured losses?
- Should design professionals be liable for inspection obligations?
- Should contractors sign lien waivers and claim releases?
Read the full discussion of these fairness concepts at the Daily Journal of Commerce website
"Commentary: Evolving concepts of 'fairness' in construction contracts" was published by Daily Journal of Commerce, May 17, 2012.
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