"The Inter-Relationship of Risk Management - Provisions in Construction Contracts: Part 2", Focus on Construction | Infrastructure, October 2009
Date:
October 20 2009
In a previous article we highlighted the need for contract drafters to give consideration to the inter-relationship of common risk management provisions in construction contracts and specifically reviewed the relationship between a maximum liability clause and the requirement to obtain a performance bond in a stipulated amount. The within article explores the potential concerns that arise when parties tie a maximum liability clause to the insurance provisions in the contract.
Read The Inter-Relationship of Risk Management - Provisions in Construction Contracts: Part 2 to learn more.