Understand the contents of the contract and better allocate risks and negotiate for more profitable outcome.
This program will closely examine the anatomy of a typical construction contract, providing useful information for owners, construction professionals, contractors, and subcontractors. By understanding the contents of the contract, parties could better allocate their risks and negotiate for more profitable outcomes. This topic will start by examining the roles of project participants and the drafting of material terms, such as price, time of performance and scope of work. In addition to these standard terms, attendees will learn about key risk-shifting provisions that populate most construction contracts in both the residential and commercial contexts. Among the clauses that will be covered are insurance, indemnification, force majeure, pay-if-paid, pay-when-paid, differing site conditions, and dispute resolu-tion. In sum, if you build, negotiate, or fund construction projects, then you don't want to miss this comprehensive seminar on the construction contracting process.
Agenda
Faculty
Steven Nudelman, Esq.
Greenbaum, Rowe, Smith & Davis LLP
- Partner in Red Bank (NJ) office of Greenbaum, Rowe, Smith & Davis LLP
- Practicing construction law for over 29 years
- Chair of firm’s Construction Contracting & Risk Management Practice Group
- Represents owners, contractors, and design professionals in negotiating and drafting contract documents for commercial, residential, and public projects in the New Jersey/New York metropolitan area.
- Defends and prosecutes various construction claims in courts (state and federal), arbitrations, and mediations.
- Selected by NJBiz as a Leader in Law - 2022
- Charter Fellow, Construction Lawyers Society of America
- Fellow, Litigation Counsel of America
- Listed in Chambers USA, The Best Lawyers in America, New Jersey Super Lawyers, and Who’s Who Legal in the Construction Law
- Arbitrator on Construction and Consumer Panels of the American Arbitration Association
- Immediate Past Co-Chair of the Construction Law Section of the New Jersey State Bar Association
- May be contacted at 732-476-2428 or [email protected]
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