How Does a Hold Harmless Clause Work in the Construction Industry?
Post date
February 08, 2023
Body
By: Ciuni & Panichi, CPAS and Business Advisors - The Advisor
Construction work, by its very nature, is a high-risk type of business. It usually isn't a matter of if a loss occurs, but when and how much. When a loss does occur, such as an electrical wiring fire, all the parties involved with the project generally point the finger at the other parties.