JEREMIAH When project funding finally comes through, owners and contractors alike are eager for shovels to dig in. Owners resist what they see as time-consuming contract negotiations, and contractors fear that resisting unreasonable contract terms will result in the work being awarded to a competitor. div id="articleExtrasA" div id="articleExtrasB" div id="articleExtras" Not so fast. While an owner’s threat to hand a project to the next hungry contractor may be real, a contractor should never sign a contract without understanding key terms and should never, never begin a project without preparing proper legal notices. Even a contract involving a nominal work
When project funding finally comes through, owners and contractors alike are eager for shovels to dig in. Owners resist what they see as time-consuming contract negotiations, and contractors fear that resisting unreasonable contract terms or taking the time to prepare proper preliminary notices will result in the work they want being awarded to a competitor. There�s not a moment to lose! Not so fast. While an owner�s threat to hand a project to the next hungry contractor may be real, a contractor should never sign a contract without understanding and negotiating certain key terms and should never, never begin a