Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
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"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
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Whether you are a general contractor, subcontractor, or property owner, our Bolingbrook construction attorneys have the experience to protect your interest in construction contract negotiations or construction disputes.
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The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
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Bolingbrook, IL 60440
I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!
In this article, our Bolingbrook construction attorneys explain Guaranteed Maximum Price construction contracts (GMP Contracts). In a GMP construction contract, the contractor will charge the owner a variable rate based on the actual cost of the project, but will limit the price to a certain amount. The contractor bears the risk of exceeding the maximum price, while the owner stands to gain if the contractor comes in under the maximum price.
In this article, our Bolingbrook construction dispute lawyers explain mechanics liens. Mechanics liens are a tool used by general contractors and subcontractors to ensure that they are paid for the work they perform. If a mechanics lien is properly filed and perfected, the property upon which the work was performed cannot be sold without paying the amount of the lien. In addition, contractors who hold mechanics liens have the right to foreclose on the property to satisfy the debt.
Bolingbrook construction attorney Kevin O'Flaherty explains general contractor agreements. We explain the importance of clearly defining the scope of work and terms of payment. We discuss deadlines for completion of the project and liquidated deadlines for delays. We also explain how allowances, schedules of values, and contingencies work.