Why you should attend
Traditional construction contracts do not work as well as they should to align the parties' interests and clearly define rights and responsibilities. As a consequence, the design and construction process is more dispute prone than it needs to be. This course is designed to give you the tools you need to better negotiate and draft design and construction agreements. You will learn which risk allocation clauses, including the so-called "killer clauses", work and under what circumstances and those that more often prove counter-productive. We will examine such new collaborative contracting models as Integrated Project Delivery (IPD), so as to enable you to choose what aspects of these agreements might assist your clients. We will also look at how to best leverage such new technologies as Building Information Modeling (BIM) to achieve better project outcomes. You will also learn what risks are best handled through insurance and how to draft state-of-the-art insurance and indemnity provisions, including those for such integrated programs as Owner-Controlled Insurance Programs (OCIPs). Innovative dispute resolution approaches will also be examined. This course will give you the tools to advise on many of the new and important developments in construction contracting.
What you will learn
- How to evaluate and draft meaningful and effective incentive provisions
- Better understand the role of insurance in construction contracting and how to negotiate and draft appropriate insurance and indemnity clauses
- To develop collaborative contracting arrangements and how the new IPD agreements work
- To identify and draft appropriate dispute resolution models
- How to leverage new technologies through creating BIM execution plans
Who should attend
Practitioners representing owners, contractors, designers, insurers, regulators and others with a stake in construction. Attorneys and allied professionals who want a firm grasp of construction risk allocation from several perspectives will find this seminar a valuable resource.
PLI Group Discounts
Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact email@example.com or call (800) 260-4PLI.
PLI Can Arrange Group Viewing to Your Firm
Contact the Groupcasts Department via email at firstname.lastname@example.org for more details.
All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.