Huntmaster
Boob Inspector
With all that has happened with the shut down of our country, what does it mean for the future of contracts?
I spent several years in commercial construction, and if I remember right, the standard AIA contract does not mention anything about 'acts of god', or anything of the type. I'm curious how many projects didn't get completed on time, and how many of those tried to collect liquidated damages. Were they successfull? Without room in a contract for something like this, how do you accept a contract for future delivery? Now wording in contracts will need changed, and then you'll always have people trying to still use the old ones without any extenuating circumstances clause.
Anyone know of one of these? There has to be incomplete contracts due to the beer flu. What happened?
I spent several years in commercial construction, and if I remember right, the standard AIA contract does not mention anything about 'acts of god', or anything of the type. I'm curious how many projects didn't get completed on time, and how many of those tried to collect liquidated damages. Were they successfull? Without room in a contract for something like this, how do you accept a contract for future delivery? Now wording in contracts will need changed, and then you'll always have people trying to still use the old ones without any extenuating circumstances clause.
Anyone know of one of these? There has to be incomplete contracts due to the beer flu. What happened?