We recommend taking into consideration not only interests of the two parties but also the potential problems in project implementation when developing an agreement. It will help end disputes and continue working.
Remember that each new agreement means a new counterparty, hence, new risks. We recommend using individually developed agreement, and the role of our experts is indispensable in this case. For example:
- One must clearly determine the pricing mechanism and the contractual price composition in the agreement.
- It is necessary to determine the procedure and the terms of provision construction design documents, supply of construction materials, as well as the responsibilities of the parties for non-performance of these obligations, as well as the term and the procedure of revising the terms of construction.
- It is also necessary to determine the procedure of making amendments to the terms and the procedure of the project implementation, distribution of responsibility between the parties in this case.
- Finally, it is important to determine the procedure of acceptance of the works performed, unused construction materials, procedure of releasing the construction site on completion of works, etc.
All these seemingly simple things often turn out to be quite complex. That is why it is better to engage professional for development of the construction contract agreement.