Construction Contract Risk Management- The Subcontractor's Perspective - Session 8 - The Advanced Webinar Series
The Advanced Webinar Series on Construction Contracts, Claims and Risk Management - 2022
This is the eighth in our fourteen-part webinar series The Advanced Webinar Series on Construction Contracts, Claims and Risk Management.
Focusing on the Subcontractor's perspective and its interests, this course provides an in-depth analysis of pass-through aspects of construction contracts and the methods of recognizing and accounting for the risks arising from the construction project, including the claims and notice requirements associated with changes, differing site conditions, delays, disputes, and payment terms. The course addresses methods of perfecting and presenting Subcontractor claims and disputes whether they arise from General Contractor conduct, other Subcontractor's conduct, or from the Owner's conduct. The discussion focuses on the contract terms as they impact the Subcontractor in recognizing the risks and properly account for them in negotiating the subcontract and administering it during performance.
Learning Objectives: After completing this course, you will be able to:
Understand the Subcontractor's perspective regarding the language and parts of the Changes clause under the FAR government contract clause and the private construction AIA contract clause.
Recognize how flow-through among the Owner, General Contractor and the Subcontractor(s) affects the rights and obligations of Subcontractor.
Understand the Disputes Clause and how the concept of flow-through and contract drafting can protect the Subcontractor.
Understand how bond claims can be addressed through contract drafting and flow-through.
Identify the Subcontractor's position on the basic risk assignment issues among the Owner, the General Contractor, and the Subcontractor(s).
Identify potential language to amend and adjust the clauses according to your risk assessment.