Course Description
Construction contracts can help you or hurt you - but don't leave your project in the hands of fate or a more knowledgeable player.
Keep your risks to a minimum and your profits to a maximum. Construction contracts can help you do this and much more. Sign up for this seminar and get a working understanding of contracts to minimize your risk of financial loss in today's economic climate.
Improve your contract know-how so you can have an advantage in your next contract negotiation. A strong knowledge of contract terms and conditions will help you save money and avoid disputes - so start building that knowledge now. Register today.
Who should attend?
This seminar is designed for attorneys, presidents, vice
presidents, owners, project managers, engineers, controllers,
accountants, contract managers, architects, facilities managers,
contractors, subcontractors and other construction professionals.
Benefits for You
- Maximize efficiency by skillfully maneuvering through the entire process of contract development
- Prevent payment problems on the front end by understanding contract claims procedures, and developing lien and bond laws
- Keep your company out of costly litigation - properly address claims and dispute resolution in your contract
- Find out exactly what you're responsible for before you sign
Learning Objectives
- You will be able to review legislative updates affecting construction contracts.
- You will be able to identify mediation, arbitration and other ADR formats.
- You will be able to discuss North Carolina lien laws and public bond laws.
- You will be able to describe protections for small businesses.
Agenda
8:00 AM - 8:30 AM |
Registration |
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8:30 AM - 9:30 AM |
What Is a Contract? |
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— Thomas H. Davis, Jr. |
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- Definition and Form of Contract
- Identification of Contract Drafter
- Identification and Analysis of Critical Terms
- Identification and Allocation of Risk
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9:30 AM - 10:15 AM |
Legislative Updates Affecting Construction Contracts |
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— Thomas H. Davis, Jr. |
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- Recent Changes to Lien and Bond Law
- E-Verify Requirements for Contractors
- Attorneys' Fees: Provisions in Construction Contracts
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10:15 AM - 10:25 AM |
Break |
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10:25 AM - 11:25 AM |
Seven Critical Mistakes Design Professionals Make During Project
Negotiation and Execution That Sabotage Their Projects and Invite
Litigation |
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— Melissa Dewey Brumback |
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- Pre-Project Preparations
- Contract Requirements
- Key Mutual Terms
- Dispute Resolution Agreement
- Project Administration
- Change Order and RFI Systems
- Document Retention Protocol
- Standard Operating Procedures
- Preparing for a Claim
- Responding to Potential Claims
- Reporting of Potential Claims
- Loss Prevention Programs
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11:25 AM - 12:25 PM |
Mediation, Arbitration and Other ADR Formats |
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— Dailey J. Derr |
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- Mediation
- Understanding Mediation
- Getting to Mediation
- Preparing for Mediation
- Participating in Mediation Best Practices
- Arbitration
- Understanding Arbitration
- Getting to Arbitration
- Preparing for Arbitration
- Advocating in Arbitration Best Practices
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12:25 PM - 1:25 PM |
Lunch (On Your Own) |
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1:25 PM - 1:55 PM |
Mediation, Arbitration and Other ADR Formats (Continued) |
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— Dailey J. Derr |
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- Other ADR Formats
- Negotiation
- Early Neutral Evaluation
- Summary Jury Trial
- MiniTrial
- Mediation Arbitration
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1:55 PM - 3:05 PM |
North Carolina Lien Laws |
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— Brian J. Schoolman |
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- Claim of Lien on Real Property
- Subrogated Lien on Real Property
- Notice of Claim of Lien Upon Funds
- Lien Agents
- Legislative and Court Developments
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North Carolina Public Bond Laws |
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- North Carolina Law – Payment Bonds Under Chapter 44A
- North Carolina Law – Performance Bonds Under Chapter 44A
- Legislative Developments
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3:05 PM - 3:15 PM |
Break |
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3:15 PM - 4:30 PM |
Small Business Protection |
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— Walter A. Schmidlin, III |
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- Employees
- Contracts
- Collection
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