Common use of Settlement Negotiations Clause in Contracts

Settlement Negotiations. Subject to prime contract disputes under Section 17.1.1, and as for disputes not involving the acts, omissions or otherwise the responsibility of the Owner under the prime contract, promptly upon notification by the Subcontractor of a dispute, the Contractor and Subcontractor shall meet to informally resolve such dispute. In the event that no resolution is achieved, the parties shall make a good faith effort to resolve the dispute by negotiation between representatives with decision-making power who, to the extent possible, shall not have had substantive involvement in the matters of the dispute, unless the parties otherwise agree.

Appears in 4 contracts

Samples: Long Form Standard Subcontract Agreement, www.bogardconstruction.com, www.bogardconstruction.com

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