The Construction Contract Management is a one-of-a-kind program, designed to help you enhance your knowledge of your key duties, responsibilities and potential liabilities in the area of construction contracts. The program gives you the opportunity to examine a number of critical legal areas that are relevant to your organization and also involves discussion of the cases laws to create a better understanding of the subject.
This two-day practical program will help delegates deal with all the practical and contractual issues in Construction Contract Management as well as enhance their skills on the subject, resulting in a positive impact on the bottom line of the company
PROGRAM FEATURES:
- Learn how to create a formal contract
- Deal with contractual clauses that minimize 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 the Scope of Work (SOW)
- Understand the methods involved in measuring Contractor Performance.
- How to deal with dispute and dispute resolution clauses in a contract.
- Dispute Resolution
- International Best Practices
Day-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
- Commercial Terms and Conditions – Understanding of clauses, which deals allocation of Risks and taking preventative steps in Mitigating the Risk
- Identifying risk involved and cost implications in – Letter of Intent (LOI), Memorandum of Understanding (MOU) and Non-Disclosure Agreement (NDA). Understand International Best Practices
- Scope of Work/Statement of Work (SOW)
- Commercial Terms in a Contract
- Types of Contracts
- 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
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-Contractors
Application Deadline – 21st June 2019