Change Orders Are the Key in Your Construction Contract Management
If you provide materials or labor for a project you will want to have the terms of your involvement in writing. Proper contract management is a crucial part of your business just like many other requirements you face regarding, for example, employment or taxes.
It is important to get your agreements right in the first instance. However, as projects progress and new information or requirements arise, often most of the time and energy by the end of a project will have gone in to revisions to the first agreement through change orders.
Construction Project Change Orders in Oklahoma
Change orders are agreements binding on the parties like any other contract. Although they may be simpler or shorter than a principal contract, change orders can be far more important in managing expectations, relationships, costs and other matters. For some clients in certain construction industry businesses more profit is made in change order work than initial contracts.
It is a best practice for contractors to have a change order form that can be reused and modified as needed across all projects. Selecting or drafting the best form can be immensely important to prevent future legal issues across many different projects.
Not all change orders are created equal. The needs for change orders on every construction project is entirely dependent on the terms in an underlying contract. If a legal expert is not reviewing all of your agreements then it is a best practice to at least have a legal expert review any agreements that act as models or exemplars for your business.
Consultation with the Tulsa Construction Lawyer
Get your contract management on a solid foundation by auditing your form agreements, current contracts and past contracts with a construction lawyer. Call to find out how the Tulsa Construction Lawyer can help you get this key part of your business right at (918) 770-9330.