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ARTICLE · 27 JULY 2022

Commercial risk reviews for construction contracts

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How to conduct commercial risk reviews for your construction contracts and how to best manage them.

AustraliaReal Estate and Construction
Sarah Roberts
Sarah Roberts
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Commercial Risk Reviews for Construction Contracts

Builders, labourers, tradies or any other contractor in the building and construction industry will often receive a Construction Agreement or Terms of Trade from the Principal. They are expected to sign these documents before starting work. Some clauses that affect your legal rights might be easy to identify, but others can be more difficult to spot. It is common to feel inundated when you review construction contracts. To help, this article explains how to conduct commercial risk reviews for your construction contracts and how to best manage them.

Commercial Risk Reviews

Commercial risk reviews will vary depending on the nature of your project. Some essential factors will include:

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