Creating a culture of professional liability issues awareness After the contract has been signed and Notice to Proceed (NTP) received, most Consultants give little thought to professional liability issues until there is a claim. Then they think about those issues a...
Contractor-Proposed Value Engineering occurs when by changing its materials, means, methods, or schedule, a contractor can offer “Value Engineering” cost savings that it will share with the Client. The Consultant of Record will likely be asked to review the proposed...
Insurance Certificates are provided by the insurance broker to verify that the contract insurance requirements will be met. Contracts usually require that the certificate state that the certificate holder (Client) be notified by a specified number of days prior to...
Notice to Proceed (NTP) is the Client’s official notification to the Consultant that the design may begin. NTP is frequently given with the transmittal of the contract when executed by the Client. The NTP should include the specific date on which it is issued, thus...
Contract Signatory Requirements addresses the person signing the contract having authority to sign and thereby bind the entity entering the contract. Some Clients require a letter from the Corporate Secretary, bearing the corporate seal, stating that the person...