Prefabrication is nothing new to the construction industry. And, over the past several years, we have seen a rather significant increase in the utilization of prefabrication. With this increase, however, it has revealed...more
At the most basic level, contracts serve to assign, allocate, and mitigate risk. Parties—unsurprisingly—are typically unwilling to adopt greater risk than required, and often look to assign most of the risk to the other...more