Erin C. Borek presented a class for Construction Exchange of Buffalo & WNY, Inc.’s on contract terms. Topics included:
The most important terms that should be included in every subcontract along with the terms that are commonly included but may not actually be necessary or even beneficial
Recent court decisions on the applicability of certain terms, including pay-if-paid, indemnification and flow down clauses, as well as the impact of those terms in real life
How subcontract terms may apply in jurisdictions outside of New York and risks associated with the use of a standard contract in a different state
