Legal and Regulatory
Waiver of Consequential Damages: The Most Important Provision in a Construction Contract
Detailed compromises on waivers of consequential damages may be commonplace in future construction agreements as contractors’ counsel may be wary of the risks assumed or transferred.
By Jeremy P. Brummond
February 17, 2021
Topics
Legal and Regulatory
by Jeremy P. Brummond
Jeremy P. Brummond practices in the Litigation Department of St. Louis-based law firm Lewis Rice. With a focus on engineering and construction, Jeremy counsels clients in contract negotiation and drafting and provides representation in cases involving claimed construction defects, delay and lost productivity, and mechanic's lien and payment bond claims. He has been appointed chair of Division 9: Subcontractors & Suppliers of the American Bar Association's Forum on the Construction Industry, and he is a member of the Bar Association of Metropolitan St. Louis' Construction Law Committee.
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