Source: https://www.oswaldcompanies.com/, August 24, 2024
By: Tim Shumrick

Disaster strikes. A design flaw becomes apparent during construction administration. Tempers flare between a design professional on the project and the project owner. Exasperated over the prospect of rework, a pushed-back schedule, and general disruption to project progress, the project owner files a claim against the design professional with a demand for significant economic damages.

Enter the Limitation of Liability (LOL) clause. Read more.