Protect the Corporation’s Interests When Renovating

When undertaking refurbishment projects in condominiums, it's important to use the appropriate construction contract to protect the interests of the corporation. The CCDC2 contract, commonly used for design-build arrangements, can be risky. This article emphasizes the importance of using the correct contract, outlines the purposes of construction contracts, and compares the CCDC-2 (3-party Stipulated Price Contract) and CCDC-14 (design-build contract) contracts. It discusses the potential risks and biases associated with using the wrong contract and provides recommendations for mitigating those risks, including using the proper contract, hiring an unbiased mediator for payment certifications, amending the contract, and considering Integrated Project Delivery (IPD) using CCDC 30. The article emphasizes the need for clear contract terms and balanced representation in refurbishment projects to ensure fairness and protect the interests of the condominium corporation.