Master Builders KwaZulu-Natal’s Post

Important clauses in construction contracts: -Termination Clauses: Know when and how to legally terminate a contract. -Force Majeure: Understand the protection against unforeseen events. -Notices and Claims: Recognise the importance of complying with notice requirements for legal rights. -Dispute Resolution: Be aware of the mechanisms for resolving disputes, including arbitration or litigation. -Liquidated Damages: Understand the implications of penalties for missed deadlines. -Performance Bonds/Guarantees: Know how these secure performance and payment. Members of the Association receive free contractual advice. Contact the Association to learn more. #construction 

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