Contract Law - Virtual Edition

Description

Construction contracts define responsibilities, allocate risk, and establish the rules that govern a project—but understanding what those provisions mean in practice can be challenging.

This two-hour seminar provides construction professionals with a practical refresher on construction contract law and risk management. Participants will learn how to read contracts more effectively, recognize provisions that may create unnecessary exposure, and better understand how contractual language shifts risk among owners, contractors, subcontractors, and other project participants.

The course focuses on identifying potentially problematic provisions, understanding which clauses may be unenforceable, and evaluating contract language before it becomes a project issue. Participants will also explore strategies for negotiating and modifying contract terms, developing appropriate standard provisions, and recognizing when legal counsel should be involved.

The goal is not to turn construction professionals into lawyers, but to help them become more informed contract reviewers and better equipped to recognize, communicate, and manage contractual risk.

Program Objectives

Upon completion of this course, participants will have a better understanding of how to:

• Read and interpret construction contracts and identify potential risks
• Recognize how contract provisions allocate and shift risk
• Identify provisions that may be unenforceable and understand why
• Spot contract clauses that could negatively affect their company or project
• Propose alternative language to better manage contractual risk
• Negotiate and modify contract provisions more effectively
• Identify standard contract provisions that can help protect their organization
• Recognize when an issue requires legal guidance and work more efficiently with legal counsel

Target Audience

This course is designed for construction professionals who review, negotiate, administer, or work under construction contracts, including:

• Project Managers and Project Executives
• Superintendents and Construction Managers
• Estimators and Preconstruction Professionals
• Contract Administrators
• Operations Managers
• Business Owners and Executives
• HR and Safety Professionals
• Other construction professionals who want to strengthen their understanding of contracts and contractual risk

Presenters:

Billy Davis and Kenton Andrews, Andrews Myers, PC