The Writing and Rewriting of Subcontracts for Construction Work

Lorman Education Services
Training overview
Professional Course
Self-paced Online
1 hour
From 149 USD

Start dates
Online
149 USD
Start anytime

Course description

The Writing and Rewriting of Subcontracts for Construction Work

Gain a better understanding of subcontracts and how various subcontract and purchase order terms affect their interests.

Construction projects have been analogized to battlefields because they both require meticulous planning and coordination of the movements of large groups of people and materials in the midst of chaos, uncertainty, and risk.

Unlike war, the participants in a construction project can manage the chaos, uncertainty, and risk through carefully drafted and negotiated contracts. Carefully drafted and negotiated subcontractors dont happen by accident. Rather it takes representatives of both the contractor and the subcontractor who are knowledgeable about the typical terms and conditions of subcontracts to draft and negotiate effective subcontracts to manage the uncertainties and risks that could arise on a construction project. Managing the uncertainties and risks of a construction project is the best way to avoid the project from becoming a chaotic battlefield.

This course is critical for individuals who draft, review, negotiate, modify, and administer subcontracts and purchase orders. This material will also provide you with a better understanding of subcontracts and purchase orders, the subcontracting process, and how various subcontract and purchase order terms affect their interests.

Who should attend?

This live webinar is designed for attorneys, construction and project managers, owners, presidents, vice presidents, accountants, accounting professionals, human resource managers, contractors, subcontractors, architects, and engineers.

Training content

Introduction

Types of Subcontracts

  • Common Law
  • Sale of Goods
  • Hybrid

The Flow Down Concept

  • The Flow Down Clause
  • Flow Down Problems

Payment

  • Payment Conditions
  • Prompt Payment Statutes

Other Key Subcontract Clauses

  • Claims
  • Indemnification

Certification / Credits

Credits: AIA ,CLE, ENG ,ICC

Learning Objectives

  • You will be able to identify the differences between a subcontract and a supply contract and why it matters.
  • You will be able to discuss effective strategies for negotiating subcontracts.
  • You will be able to recognize different types of subcontract provisions.
  • You will be able to explain how to draft subcontracts that are consistent with the terms of the general contract.

About Lorman Education Services

Lorman Education Services - Live and On-Demand Courses

Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...


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Contact info

Lorman Education Services

Lorman Education Services
2510 Alpine Road
54702 Eau Claire Wisconsin

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