Learn basic contract principles, key concepts, and how these agreements best serve the project participants' needs.
Owners and contractors often execute professional service agreements with design professionals that are either standard form agreements or agreements prepared by the owner, general contractor, or their counsel. These agreements may run the gamut from overly complex, to simplistic. They also may contain a mixture of conflicting business and legal terms. Project participants executing professional service agreements may lack a basic understanding of basic contract principles, key concepts, and/or how these agreements best serve the project participants' needs. This presentation will help you better understand the importance of these legal documents, how the obligations in a contract are made binding, critical professional service contract provisions (including the context and interplay between key terms like indemnity, insurance, and limitation of liability), how a project participant's role in the project may impact contract negotiations, as well as consideration of mitigation strategies to minimize a project participant's risks.
Agenda
Faculty
Travis B. Colburn
Ahlers Cressman & Sleight PLLC
- Associate attorney at Ahlers Cressman & Sleight, PLLC, Seattle, WA
- Ahlers Cressman & Sleight, PLLC (ACS) is a full-service law firm with a focus exclusively on construction law and real estate-related matters
- ACS represents owners, contractors, and subcontractors through all phases of a construction project
- Presenter at Washington State Department of Labor and Industries’ Contractor Training Day (Public Works Contracts and Insurance)
- Licensed Washington attorney, licensed California architect, and licensed Washington architect
- B. Arch. degree, Pratt Institute; J.D. degree, Seattle University
- Can be contacted at [email protected] or 206-459-9976
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