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Provided by: Lorman Education Services Collecting Construction Payments |
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This seminar will be presented by Richard L. Peel, Esq., and Michael W. Brimley, Esq.
8:00 am - 8:30 am Registration
8:30 am - 9:15 am Bidding
- Bid Mistakes and Withdrawal of Bid
- Forfeiting Bid Bonds
- Disqualification of Bidders
9:15 am - 10:05 am Contract Clauses
- Standard Form Contracts
- Contract Clauses Implied by Law
- Differing Site Conditions Clauses
- No Damages for Delay Clause
- Contingency Payment Clause
10:05 am - 10:15 am Break
10:15 am - 11:15 am Extras and Changes
- Purpose of Changes Clause
- Contractual Procedures to Implement Changes
- Constructive Change Orders
- Cardinal Changes
- Requirements for Changes Clause Compliance
- Exceptions to Changes Clause Requirements
- Pricing a Changes Clause Claim
- Reservation of Rights
11:15 am - 12:15 pm Mechanics Liens
- What Is a Mechanics Lien?
- Who Is the Lien Claimant?
- Type of Labor, Materials and Services That Are Lienable
- Notice of Nonresponsibility
- Notice of Right to Lien
- Waivers and Releases
- Notices of Completion
- Enforcement of Mechanics Liens
- Discharge and Release of Lien
- Bonding Around Notice of Lien or Lien Right
12:15 pm - 1:15 pm Lunch (On Your Own)
1:15 pm - 3:15 pm Right to Stop Work
(Break 2:30 pm - 2:40 pm)
- Owner/Contractor Relationship
- Higher-Tiered Contractor/Lower-Tiered Subcontractor Relationship
3:15 pm - 4:00 pm Public Works
- Prompt Payment Statute
- When Must Contractors Submit Progress Bills for Work and Materials Furnished to a Public Work?
- Waivers and Releases
- Withholding of Money for Progress or Retainage Bill
- Is Prevailing Contractor Entitled to Attorneys' Fees and Costs?
- When Must a Subcontractor or Lower-Tiered Subcontractor Submit Progress Bills?
- When Must a Contractor Pay a Subcontractor or Supplier?
4:00 pm - 4:30 pm Dispute Resolution
- Claims Recognition and Preparation
- Nonlitigation Alternatives
- Litigation
