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Contract Health Check

Answer 14 yes/no questions about your contract. Get an instant risk score.

0 of 14 answered0%
1

Does payment depend on the owner paying the GC first?

2

Is retainage higher than 5%?

3

Are payment terms longer than 45 days?

4

Must you indemnify the GC for THEIR negligence?

5

Must you pay the GC's legal defense costs?

6

Is there a "no damage for delay" clause?

7

Are liquidated damages uncapped or very high?

8

Is the notice period for changes less than 7 days?

9

Does the GC need to approve changes in writing before you can claim payment?

10

Can the GC terminate without cause (for convenience)?

11

Are you bound by a prime contract you haven't seen?

12

Is the warranty period longer than 1 year?

13

Are disputes resolved in a different state?

14

Is arbitration mandatory with no mediation option?