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Takeover Assistance
The completion of defaulted projects introduces great challenges and the very real potential of litigation. As such, Lovett Silverman provides sureties expert advice during the takeover and reprocurement process. During this critical time, Lovett Silverman's construction experts can assist sureties and their counsel with:
- Evaluation of completion options
- Establishing contract status
- Performing an in depth exposure analysis
- Providing detailed cost to complete accounting
- Coordinating asset recovery
- Drafting sub-hold agreements
- Assisting with negotiations
- Advising on takeover, tender and completion agreements
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