At Greenberg, Trager & Herbst, LLP, the extensive experience of our attorneys working with integrated construction companies enable us to work with owner-developers effectively, their partners and lenders to create contracts that are responsive to the practical and real-world requirements of the development, design and construction process, while at the same time we are able to minimize our client’s potential exposure on both individual projects and the company’s portfolio.
Comprehensive Project Delivery Services
One of the major benefits of construction by an integrated construction company is the cooperative relationship fostered. The omission of a third-party construction manager from a project also serves to streamline the communication process and minimizes delay in claim arguments. The use of an integrated construction company also enhances the coordination of the design and construction process, with the design and construction teams all operating through a central party with a working knowledge of what is required of each participant.
Some of the unique challenges to successfully performing as an integrated construction company is assigning the proper development and construction roles amongst various entities, putting in place proper insurance to adequately cover all interested parties and creating advantageous corporate structuring, which properly takes into account the various roles undertaken.
Greenberg, Trager & Herbst, LLP, has over 100 years of experience in the construction industry. To schedule a consultation with one of our lawyers, please call us at 212-688-1900. You can also contact us online.