Resources
Construction Contracts: An Illustration of the Different Legal Systems in the U.S. and the European Union
Struggling with the complexities of construction contracts in the U.S.? Unlike the EU, the U.S. common law system provides less statutory protection, which offers more negotiating freedom but heightens the risk of prolonged disputes. In the absence of automatic safeguards, parties in the U.S. must actively include necessary protections within the contract. Therefore, a comprehensive grasp of provisions within the “four corners” is essential when navigating the complexities of the U.S. construction environment.
In this article, Chambliss shareholders Brian Eftink and Jeffrey Maddux, and Helge Nestler of MxV Consulting Group discuss fundamental contracting styles and how they are tied to project delivery methods, offer insights to mitigate risks when undertaking projects, and explore the crucial differences in U.S. and EU construction contracts.