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ARTICLE · 02 APRIL 2025

Market Intelligence Thought Leadership Award Winner

Construction contracts are more than just a document - remove contractual clauses at your peril

How can you mitigate and manage construction risk?

AustraliaReal Estate and Construction

Your construction contract will map out the pathway to your building project completing on time and within budget and detailing how any losses and risks are handled. 

It is an essential tool in managing and shifting risk during the construction phase and importantly, lays out the rules if a dispute arises. The chances of a dispute are greatly reduced if both parties understand what the parties are agreeing to.

How can you mitigate and manage construction risk?

It is essential that you:

  • select the appropriate type of construction contract for your project; and
  • analyse and consider the interplay between the ordinary contractual clauses, indemnities, warranties (either statutory or contractual) and representations.

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For further information please contact:

Michael Byrnes, Partner
Phone: + 61 2 9233 5544
Email: [email protected]

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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