Lathrop GPM Partner Lisa Stalteri, a leading advisor on high-stakes infrastructure and development projects, was featured in a Construction Dive Q&A exploring the evolving dynamics of contract negotiation on billion-dollar megaprojects.
Drawing from her experience advising on deals ranging from $300 million to $3 billion, Stalteri emphasized that effective project management – not just contract language – is key to mitigating risk. She highlighted the value of the construction manager at risk (CMAR) delivery method and discussed how material price escalation clauses, change order processes and dispute resolution mechanisms are being tailored to today’s volatile market conditions.
Stalteri also offered strategic advice for owners and contractors navigating economic uncertainty, urging them to prioritize collaboration and long-term project success over zero-sum risk allocation.
Read the full article here: Behind the contract terms on today’s megaprojects