The learning here was always, do your due
diligence on your contractors and be clear about the specification of the work to be carried out.
Not exact matches
When we ask friends for
contractor recommendations, we're really piggy - backing
on their due
diligence.
Very often these
contractors have already been vetted by the home owner (see Tip # 1: Piggy - back
on other people's due -
diligence) and, more importantly, these
contractors don't mind putting a name to their work.
Consolidated Canadian
Contractors Inc. v. Canada [124] raised the issue of whether the defence of due
diligence was available to a company that was AMPed for underpaying
on a GST remittance, even though it had done everything that could reasonably be expected of it, including relying
on bulletins and advice from the Department of National Revenue.
We also advise
on regulatory compliance (such as financial services regulation and data protection), procurement and supply chain risk — including
contractor vetting and cyber contractual provisions, and cyber issues in the context of corporate due
diligence, joint ventures, projects and outsourcing.
We also advise and train
on a broad and diverse range of OHS topics that includes workplace violence and harassment,
contractor management, due
diligence, director and officer risk management, accident and inspection response, and numerous other OHS - related topics.
If I haven't closed
on the property yet, do I still need to track money spent
on things like inspector /
contractor costs during the due
diligence process?
It is YOUR fault for hiring that
contractor and not doing your due
diligence on them.
Don't rely
on cursory due
diligence when selecting a general
contractor because you can get caught up in a lawsuit if things go wrong, even if you have no involvement in the work being done.