Contract Killer Clauses in Construction: How to Neutralize Them
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Course Description:
The most important and egregiously written construction contract clauses have been shown to cost a 20% premium on prices and lead to fail projects and litigation. What are examples of poorly drafted killer clauses and how can you avoid them to get better project results.
Hear from Brian Perlberg who is counsel to a coalition effort called ConsensusDocs which includes the endorsement of 40+ leading design and construction associations to draft best practice contracts that allocate risk fairly to the party that is in the best position to control and mitigate risk with the goal of getting better construction project results.
Why should you Attend?
While the construction industry relies upon cooperation and communication for success more than any other enterprise, it is probably the most litigious and contentious in the U.S. Maybe that is why the U.S. Department of Labor which tracks efficiency marks construction as the ONLY industry as LESS efficient since statistics have been kept in the 60's.
Contracts are part of the problem because they create contractual silos and risk adverse behaviors that are counterproductive to better overall results. This can change with better written contracts and a more collaborative culture.
Areas Covered:
- What's the problem and the cure for exculpatory contracts shifting risk
- Identify "killer clauses" in construction contracts
- How can you neutralize killer clause?
- What are best practice contracts with fair risk allocation?
Who will benefit?
This webcast will be of a valuable assistance to the below audience.
- All Stakeholders to the Construction Process
- Engineers
- Architects
- Owners
- Contractors
- Construction Managers
- Surety and Bonding
- Insurance Professionals
Registration Options
Tags
Construction Contract Clauses, Fail Projects and Litigation, Construction Industry, Exculpatory Contracts, Neutralize Killer Clause, Contracts with fair Risk Allocation, Construction Process, Surety and Bonding
Speaker Details
Brian Perlberg
Construction Law
Brian Perlberg serves on the ABA Forum on the Construction Industry Steering Committee for the Contract Documents, National Construction Dispute Resolution Committee (NCDRC) of the Arbitration Association of America (AAA), the Advisory Board to Construction SuperConference, and WPL Publishing.
Refund Policy
Participants/Registrants for our live events, may cancel up to 72 hours prior to the start of the live session and ComplianceTrain will issue a letter of credit to be used towards any of ComplianceTrain's future events. The letter of credit will be valid for 12 months.
ComplianceTrain will process refund in cases where the event has been cancelled and is not rescheduled within 90 days from the original scheduled date of the webinar. In case if a live webinar is cancelled, participants/registrants may choose between recorded version of the course or a refund. Refunds will not be processed to participants who do not show up for the webinar. A webinar may be cancelled due to unavoidable circumstances, participants will be notified 24 hours before the scheduled start of the event. Contact us via email: admin@ComplianceTrain.com
