A good contract clearly defines expectations of the parties including the obligations of each project participant. Utilizing basic industry form agreements as a baseline, CPS identifies and discusses alternative approaches to defining risk allocation, compensation, and responsibilities. CPS gains a thorough understanding of owner's expectations by participating in program development, developing the RFP, analyzing the proposals, and understanding the owner's risk aversion/acceptance profiles. CPS takes this understanding and our knowledge of contract law and works with the owner’s counsel to address concerns.
CPS can provide any or all of the following: