Due to the nature of the construction industry, contractors are
bound to be faced with a dispute at some point.
The disputes may involve developers, subcontractors,
consultants, suppliers or specific individuals.
So, what actions can contractors take to limit the possibility
of encountering disputes?
1. Invest sufficient time in the contract
The content of the contract is often overlooked by contractors,
sometimes due to the desire to secure work for new or existing
clients, and at other times due to the urgency to commence work on
projects.
However, it is important for contractors to review any contracts
in detail prior to execution and obtain legal advice to ensure a
detailed understanding of their obligations and risks, and also
determine whether they are feasible, as there is no benefit in
agreeing to obligations that cannot be carried out or complied
with.
