Drafting Dispute Resolution Clauses in Construction Contracts
Property & Real Estate Law

Drafting Dispute Resolution Clauses in Construction Contracts

Drafting Dispute Resolution Clauses in Construction Contracts: A Comprehensive Guide Introduction: Building Bridges, Not Walls Construction projects, by their very nature, are complex undertakings. They involve a multitude of stakeholders – owners, contractors, subcontractors, suppliers, engineers, architects, and often, financing institutions – all working towards a common goal under tight deadlines and budgets. This inherent […]

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Understanding Performance Bonds and Legal Guarantees in Construction
Property & Real Estate Law

Understanding Performance Bonds and Legal Guarantees in Construction

UNDERSTANDING PERFORMANCE BONDS AND LEGAL GUARANTEES IN CONSTRUCTION The world of construction is a high-stakes arena, where monumental visions take shape, vast sums of money are invested, and intricate networks of contractors, subcontractors, and suppliers collaborate. With such complexity comes inherent risk: delays, cost overruns, quality issues, and even contractor insolvency are ever-present threats. To […]

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Legal Requirements for Site Handover and Mobilization in Nigeria
Property & Real Estate Law

Legal Requirements for Site Handover and Mobilization in Nigeria

Navigating the Foundations: Legal Requirements for Site Handover and Mobilization in Nigeria The journey from a blank canvas to a completed structure is complex, particularly within Nigeria’s dynamic construction sector. It’s a journey punctuated by critical milestones, none more vital than the initial site handover and subsequent mobilization. These phases are not merely logistical exercises; […]

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