Abstract
In developing the Construction Contract, a number of issues concerning risk control must be resolved. They include: the amount of the contractor’s liability insurance; bonding versus irrevocable letter of credit; the amount of retainage of contractor’s fees; and the contract form to be used. These decisions become part of the contract signed by the contractor. (See the Program Planning Stage, Steps 10–12, for a detailed discussion of these issues.)
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© 1991 Springer Science+Business Media New York
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Duncan, W. (1991). Review/Revise Contract Requirements. In: Duncan, W. (eds) Substantial Rehabilitation & New Construction. Housing production manual. Springer, Boston, MA. https://doi.org/10.1007/978-1-4684-6539-6_34
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DOI: https://doi.org/10.1007/978-1-4684-6539-6_34
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4684-6541-9
Online ISBN: 978-1-4684-6539-6
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