Can standard construction contracts cope with today’s changing realities?

In a very active real estate market, meeting growing private sector demand, as well as public sector pressure for housing and infrastructure projects, will require exponential growth in construction industry output.

However, issues exist as to whether or not contractors will accept existing standard construction contracts in both. private and public sectors – or should they be modified to reflect the new realities?

This is one of the points recently raised to me by Jarleth Heneghan, partner at William Fry, both a lawyer and an expert surveyor, specializing in construction and project law.

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