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Provided by: Lorman Education Services Collecting Construction Payments |
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- [Buy Now!]
Attend this enlightening seminar and stay abreast of the latest issues relating to collecting construction payments. Our seasoned professionals will provide practical answers to your most pressing questions about extras and changes. You'll get an inside look at how to respond to confusing issues surrounding mechanics liens.
Take advantage of this opportunity to make sure you stay current and stay out of trouble. You'll hear proven techniques for getting results - and getting ahead.
Benefits for You
- Avoid potholes on the road to success in collecting money for your work
- Increase your mechanics lien savvy
- Skillfully maneuver through contract clauses
- Expand your radar to account for public works project issues
- Ease your worries concerning dispute resolution
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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
