What happens if the financial partner fails to perform during construction?
Projects of this size require specific legal and financial documentation outlining liabilities for different circumstances, including failure to perform, or unseen delays in construction. The Construction Advisory Team is working with legal counsel and the Diocese of Phoenix to assure that the assets of the community and the resources of the Diocese are protected throughout the entire project, including past completion, during operation. If you have particular interest or expertise in this area and would like to assist with this effort, please let us know; these documents are being drafted in the next 60 days.