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Provided by: Lorman Education Services Challenges and Contractual Issues With Sub-Subcontractors |
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Training
Provided by Lorman Education Services
nA subcontractor in today's construction industry faces unique challenges and concerns - from dealing with a bid process that can lock in a bidding subcontractor without any written agreement, to subcontractor form contracts that are written largely, if not entirely, in favor of the general contractor. In addition to concerns in bidding and contract formation, a subcontractor must constantly evaluate and preserve its relationship with the prime contractor on its projects. In doing so, a subcontractor is often tempted if not altogether resigned to subject itself to unfavorable indemnification clauses, payment clauses, etc. However, a contract that is overly favorable to a prime contractor and places you at risk is too dangerous in today's construction climate.
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nThis teleconference will help subcontractors be prepared for the bid process and for contract formation. You'll learn how to diagnose areas of subcontract language that most often lead to costly dispute resolution for the parties. The teleconference will also aid subcontractors in countering a general contractor's attempts to shift any and all risks associated with a subcontract to the subcontractor. This program is critical for subcontractors, because failure to have a clear understanding of the parties' rights and responsibilities in executing and performing the subcontract only threatens the profitability of the work you do. Sign up today!
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nLearning Objectives
n- You will be able to analyze problems that arise in case law.
n- You will be able to interpret enforceability.
n- You will be able to discuss pricing the bid.
n- You will be able to repeat recent case points.
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Challenges and Contractual Issues With Sub-Subcontractors
Agenda
- Bidding
- Pricing the Bid
- Knowing Your Prime
- Enforceability
- Problems That Arise as Reflected by Case Law
- Subcontracting
- Scope of Work
- Time
- Payment
- Contractor's Warranties and Duties
- Assignment
- Claims and Dispute Resolution
- Indemnity
- Insurance
- Termination and Default
- Recent Cases and Points to Remember
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...
