Risk allocation is a critical component of construction contracts for large projects, requiring careful coordination of indemnification, insurance, and dispute resolution provisions. Experienced advisors such as James Neeld legal counsel help structure agreements that manage exposure, reduce negligence claims, and support predictable outcomes across complex developments.
Comprehensive construction management agreements require careful drafting to protect all parties’ interests. As James Neeld, lawyer specializing in construction law explains, these contracts must clearly define scope, establish appropriate fee structures, outline insurance requirements, and include detailed termination provisions to prevent disputes and ensure successful project outcomes.
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