Never Before workshop on Construction Contract Management, grab your chance to deal with all the practical and contractual issues in Construction Contract Management.
This program is designed to help you enhance your knowledge of your key duties, responsibilities and potential liabilities in the area of construction contracts. You will have the opportunity to examine a number of critical legal areas that are relevant to your organisation, cases laws will be discussed with the participants for better understanding on the subject.
The two day practical workshop will help delegates enhance their skill on the subject, resulting in a positive impact on the bottom line of the company
Learn how to create a formal contract
Deal with contractual clauses that minimises contractual risk
How to effectively read tender/bid documents/proposals.
Understand how to deal with and focus on impacts and risks in Variation Clause
Understand in details entitlement to EOT and concept of Time At Large.
Understand Delay Claims
Understand, identify and learn about risks and costs involved when dealing MOU/LOI and NDA
Suggestion on how Claims can be avoided and focus on best practices on contractual correspondence.
Understand the pitfalls in drafting Scope of Work (SOW)
Understand methods involved in measuring Contractor Performance.
How to deal with dispute and dispute resolution clauses in a contract.
International Best Practices
Who should attend the workshop
General Managers, Managing Directors, In house Counsels, Contract Managers, Project Directors, Projects Heads/Managers, Contract Heads, Contract Directors, Claims Manager, Contracts Special lists, Consultants, Engineers, Planners, Schedulers, Quantity Surveyors, Architects and Sub contracts
Day-1 Construction Contract Management
1. Contract Law Principles- How are Contracts Formed.
When does an Agreement become a Contract?
When does a LOI/MOU (Letter of Intent /Memorandum of Understanding – become a contract
2. Commercial Terms and Conditions
Thorough understanding of clauses, which deals allocation of Risks
Taking preventative steps in Mitigating the Risk
• Warranty and Guarantee
3. Identifying risk involved and cost implications in
Understand International Best Practices
4. Scope of Work/Statement of Work (SOW)
5. Commercial Terms in a Contract
6. Types of Contracts
7. IPR Rights in a Contract
Day 2 –
Dealing with Variations
Measuring Contractor Performance
Learn Contractual Correspondence when dealing with claims
Defects in Construction Contracts
Key issues in Dealing with Construction Claims
Claims arising out of Delay
The Most frequent clauses which give rise to Claims
• Right of Access to the Site
• Delayed Drawings or Instructions.
• Adjustment for changes in legislation
• Commencement of the Works
Exercise Sheets –
Note: Participants can bring any one of their contracts which went in to litigation or arbitration …. The learning curve is huge when live client contract s are discussed in the workshop.