CAI-NJ Aug.2016

HML-4488 construction ad mech02.qxp_1/2 pg vertical 9/17/15 4:14 PM Page 1

corroborate information from experts used in the case. Contracts, construction permits, change orders, payment requisitions and authorizations, copies of checks, minutes from meetings with an archi- tect, engineers, a project manager, contractor(s), and other experts may need to be referenced or produced during a fact finding or litigation. The amount of the Performance Bond (if utilized) should be periodically com- pared to the total dollar amount of the contract plus any change orders, as the Bond may need to be increased to cover all facets of work. An accu- rate accounting of all monies spent, not only during the initial project but afterwards, as well must be main- tained to ensure that all damages are accounted for. A property manager should main- tain all certificates of insurance and copies of contractors’ licenses, cat- egorizing all relevant documents for safekeeping. For instance, if the project involves utilizing temperature sensitive materials, a daily report from a local weather service showing the hour by hour temperatures and weath- er conditions. This type of information may prove to be invaluable in making the association’s case at a later time. Once a construction defect is known to exist, working swiftly to mitigate and correct these defects is a top priority. By keeping accurate and comprehensive records of all construc- tion work, a property manager will be able to help facilitate a prompt and prudent response when it becomes necessary. n MANAGEMENT TRENDS... from page 62.

Who canYOUR Association count on today for guidance in Transition and Construction Defect Litigation?

A Professional Corporation

Hueston McNulty, P.C. Defense and General Counsel Serving New Jersey, New York & Pennsylvania N Value–Experience–Quality We provide our Association clients with qual- ity and value.We strive to solve the problem– resolve the issue–and make life easier for our Associations and their property managers. Samuel J. McNulty, Esq. smcnulty@huestonmcnulty.com /www.huestonmcnulty.com Tel: 973-377-0200 / Fax: 973-377-6328 Florham Park - Sparta - Toms River - Philadelphia - Manhattan

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