The McGuireWoods construction team hosted clients and friends on Oct. 29, 2024, for Construction Industry Challenges, an engaging seminar that highlighted legal and practical considerations on three topics:
- change orders;
- anticipating and avoiding construction issues; and
- legal issues and challenges specific to supply chain constraints.
This alert is the third in a series of three updates on these important subjects. If you would like to discuss any of the identified issues, strategies and solutions in more detail, please contact a member of McGuireWoods’ construction team.
Change Order Process — Avoiding Pitfalls and Disputes
Failure to comply with or enforce contract terms and requirements can result in the waiver of important rights. A primary source of disputes between owners and contractors and contractors and subcontractors is change orders.
In this segment, McGuireWoods partner Michael Dingman and counsel Ashley Harrison identify and discuss common issues and mistakes parties make in the change order process and offer tips owners and contractors should keep in mind to avoid disputes.
- It is vital to have clarity on the resolution of the issues that are the subject of the change orderand the relief granted. Obtaining third-party review of change orders is a good practice to ensure clarity.
- Finality of the resolution of issues is key to avoid future claims.
- Timeliness and content of a notice of claim are typical subjects of disputes.
A video of the full seminar and slides are available on McGuireWoods’ website. Additional information regarding the firm’s construction practice is available here.