Construction Contract Negotiation Techniques

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.

Faculty

Steven Nudelman, Esq.

Greenbaum, Rowe, Smith & Davis LLP