Legal and Regulatory

Mitigate Construction Risk Through Use of Contingency

Contingency is built into the bid to address unforeseen costs. The contract should address its permitted uses, whether owner approval is required, dispute resolution; and who gets any savings.
By Laurie A. Stanziale
April 15, 2021
Topics
Legal and Regulatory
by Laurie A. Stanziale
Laurie Stanziale is in the Construction Law Practice Group at Fox Rothschild LLP. Ranked among New York's leading construction attorneys by Chambers USA, she advises developers and owners throughout the project lifecycle, mitigates risks and protects and defends their interests in disputes involving construction defects, access agreements, payment claims, liens and a broad range of other issues. 

Related stories

Legal and Regulatory
Government Shutdown Day Nine: What Contractors Need to Know Cover Art

Government Shutdown Day Nine: What Contractors Need to Know

By ABC
An excerpt from ABC's Beltway Blueprint let's contractors know where they stand amidst the ongoing government shutdown.
Legal and Regulatory
ABC Urges Senate to Pass a Clean CR to End Shutdown Cover Art

ABC Urges Senate to Pass a Clean CR to End Shutdown

By ABC
As the government remains shut down, ABC calls on the Senate to pass a continuing resolution.
Legal and Regulatory
ABC Opposes the Egregious Faster Labor Contracts Act Cover Art

ABC Opposes the Egregious Faster Labor Contracts Act

By ABC
The FLCA would stifle—if not effectively eliminate—construction companies' abilities to negotiate workplace conditions.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.