|
Provided by: Lorman Education Services Avoiding the Basic Pitfalls of GMP Contracting |
 |
- [Buy Now!]
This audio conference will highlight basic differences and alert you to the unique risks of using this format. Mr. Burnham will draw and share from his many years of hands-on experience in the negotiation, drafting and administration of GMP contracts. Topics will include in-depth description and analysis of the advantages and disadvantages of this contracting format, the four phases of work that are typical when working under a GMP format, the components of a GMP and why it is so important to fully understand how each is defined, and the conditions that apply to the payment of each component. We will discuss what to do and not do during each of these phases, including administrative burdens placed on each of the parties when using this contracting format, what a change is under a GMP contract, and how it differs from changes under other contracts.
Learning Objectives
- You will be able to review what components make up the GMP and how each is administered as work proceeds.
- You will be able to describe the four phases of work that are typical when working under a GMP format.
- You will be able to explain how the work done during each phase can affect the likelihood of success.
- You will be able to identify the differences between GMP contracts and other contracts.
This audio conference is designed for project managers, construction managers, contractors, subcontractors, presidents, vice presidents, construction professionals, engineers, architects and attorneys.
|
|
||||||||
Training
Provided by Lorman Education Services
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies.
Please use Priority Code 16175 when registering.
Lorman Education Services began offering continuing education seminars in 1987.
Lorman Education is dedicated to providing cost-effective training opportunities that...
