Construction contracts are complex legal instruments that involve a multitude of diverse interests and parties. This course is designed for contract administrators to receive a timely update of industry practices and construction laws. It examines the critical administrative processes that require special attention and documentation. It examines some of the recent changes in contract language, exculpatory clauses, contractual authority, administration of changes, payments, submittals, delays, liquidated damages, punchlists and claims.
The course discusses the duties, ethics and fiduciary responsibilities of a contract administrator on public and private projects. The course also reviews some of the recent changes in risk management, insurance and bonding, critical construction contract clauses, and common contractual approaches used for managing risks in both private and public contracts. The course used real life contractual examples, case studies and a variety of structured exercises to provide a practical and informative learning experience.
Course Topics Include:
Contractual approaches and administrative responsibilities
Essential elements of contract law
Dealing with contractual ambiguities and discrepancies