Goldberg Segalla partner Laura Colca highlighted what contractors need to know when building semiconductor factories in the United States while discussing the CHIPS Act with Construction Dive. In order to safeguard their interests and present competitive bids, Laura underscored the significance of certain contractual components.

Laura emphasized the necessity of incorporating key elements into contractors’ documentation to bolster their bids and shield themselves. “A well-drafted work schedule is essential,” said Laura. “Builders should strive for a work schedule that is clear, concise and straightforward as this makes compliance easier and keeps all parties accountable for the project’s progress.”

Laura also stressed proactive risk management. “One final area that should not be overlooked is risk management and liability protection,” she said. Laura elaborated on the necessity for contractors to consistently assess and mitigate risks, employing best practices to fortify their defense against potential liability issues.

READ THE FULL ARTICLE HERE: “Dotted Line: Tips to de-risk chip factory projects,” Construction Dive, March 26, 2024

MORE ABOUT GOLDBERG SEGALLA’S Laura A. Colca:

Laura A. Colca is a skilled transactional and corporate counselor, intellectual property attorney, and litigator who brings more than 20 years of experience to her practice. Laura is a trusted legal advisor to a wide variety of clients, including manufacturing and technology companies, construction and development companies, retail and hospitality franchises, media entities, higher education institutions, nonprofits, and small and family-owned businesses. Whether acting as outside general counsel to a long-time client or parachuting in to handle a complicated matter, Laura’s practice includes high-value transactions; corporate formation, governance, and dissolution; commercial litigation and contractual disputes; and numerous matters related to trademarks, patents, and copyrights.