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Demand & Supply Chain Management Evolution


     
Course Detail

Construction Law Contracting

 
 
 

Education Center: ISM - Institute for Supply Management
Date: 20 May 2020
City: Chicago, IL



Duration: 2 days
 

Various contracts are likely to be a part of any construction project. This seminar will focus exclusively on the legal environment and aspects of contracting for construction projects. Basics of contracting – contract formation, contract performance, contract remedies and agency relationships – are reviewed in the context of construction contracting. Specific contract terms, such as responsibilities of the respective parties, lien provisions, indemnification, and change orders, and their importance to construction contracting will also be reviewed.

This meeting will run from 8:30 AM until 4:30 PM daily.

Who should attend?

This course is for Contracting professionals wanting to know more about the unique arena of construction contracting

You will earn 14 CEHs for this seminar

You will learn

  • The Legal Environment for Construction Contracting
  • Basics of Contract Formation
  • Agency Law as Related to Construction Contracting
  • Construction Project Contracts
  • Construction Specific Contracting Considerations

Please bring copies of your contracts for reference during the program

Course Outline

  1. The Legal Environment: Sources of Contract Law; Common Law; Statutory Law; Construction-Specific Law; Regulation of contractor/architects/engineers; Building Codes; Application of Tort Law to Construction
  2. Contracting Basics: Contract Formation; Offer; Acceptance; Consideration; Lawful purpose; Competent parties; Documentation requirements; Contract Performance; Contract Remedies; Statute of Limitations; Liquidated damages; Dispute resolution clauses
  3. Agency Law: Principal - Agent Relationship; Agent's & Principal's Duties; Authority of the Agent; Protecting Agency Status; Liability of the Principal & Agent
  4. Construction Project Contracts: Owner-Architect/Engineer; Owner-Contractor; General Conditions; Special (Supplementary) Conditions; Drawings; Technical documents; Contractor-Subcontractor; Project Delivery Methods; Design-Bid-Build; Design-Build; Construction Manager at Risk; Construction Manager Agency; Integrated Project Delivery (IDP); Public Private Partnership (P3); Task Order Construction Agreement (TOCA): Job Order Contracting (JOC)
  5. Construction-Specific Contracting Considerations; Schedule; Right to stop work; Suspension of work; Compensation; Lump sum; Guaranteed maximum price; Time and materials; Unit prices; Invoicing/Payment Procedures/Retainage; Mechanics Liens/Lien Indemnification; Responsibilities of the Parties; Owner (Project Manager): Contractor (Construction Manager); Architect; Modifications and Change Orders; Authority issues; Documentation requirements; Other Contract Clauses; Indemnification; Insurances and bonds; Warranties; Inspection/Correction of work; Termination/Cancellation; Ownership of drawings, specifications, etc.; Correlation of documents; Review of field conditions; Permits, fees, notices; Access to work and clean-up; Relationship with subcontractors; Final vs. substantial completion

 

 

 

 





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Other editions of this course
in United States:


At this time there are no other editions available

 


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