Malka & Kravitz, P.A. - Your Construction Law Firm
South Florida Construction Attorneys
Phone: 954-828-2807 | Toll Free: 888-341-9053

CONTACT FORM

super-lawyers
Distinguished AV LexisNexis Martindale-Hubbell Peer Review Rated for Ethical Standards and Legal Ability
Listed In Best Lawyers The World's Premier Guide
South Florida's Top Rated Lawyers
Certified The Florida Bar Construction Law
The Best Lawyers in America
The Associated General Contractors Of America
The Associated General Contractors Of America
ABC Associated Builders and Contractors Inc Member

New changes released in construction contracts

| Nov 23, 2018 | Construction Law |

Late last month, the American Institute of Architects released more than a dozen revised and new contracts they claim will better represent “trends and nuances” in the construction industry. An AIA executive announced that these changes will “ensure the design and construction industries are working under the best agreements possible for their businesses.”

Revisions and changes include options for subcontractors and contractors to set conditions and terms for agreements to include multiple spheres of work. They also released updated documents they feel will more clearly address any legal issues that crop up in business relationships and joint ventures.

AIA stated that one change of note is that bidding documents can now be delivered electronically. Another involves adding mediation to the special services agreement between architects and consultants.

Regardless of a contractor’s level of familiarity with AIA’s construction agreements and other documents, it’s always wise to have your Fort Lauderdale construction law attorney review and approve any changes to your contracts and legal documents.

While it is likely that all will be above board and not adversely affect your position should a legal challenge or dispute later evolve, this is not a given. Sometimes the smallest of word change, e.g., substituting “shall” for “may,” can alter the meaning substantially in a contract.

Contract disputes can result in costly litigation, stop-work orders and labor problems — all of which can wind up adversely affecting a contractor’s bottom line and profit margins.

When it comes to any type of contractual agreements, you always want to make sure that you and your company are standing on legally firm ground.

Archives

subscribe to our newsletter /
locationImg

OFFICE LOCATION

Malka & Kravitz, P.A. - Your Construction Law Firm

1300 Sawgrass Corporate Parkway
Suite 100
Fort Lauderdale, FL 33323

Toll Free: 888-341-9053
Phone: 954-828-2807
Fax: 954-514-0985
Map & Directions

| Email Us For A Response
super-lawyers
Distinguished AV LexisNexis Martindale-Hubbell Peer Review Rated for Ethical Standards and Legal Ability
Listed In Best Lawyers The World's Premier Guide
South Florida's Top Rated Lawyers
Certified The Florida Bar Construction Law
The Best Lawyers in America
The Associated General Contractors Of America
ABC Associated Builders and Contractors Inc Member