Construction Contract Bid Errors (OnDemand Webinar)

$149.00

SKU: 410859EAU

Description

Gain an understanding of bidding law and the legal issues surrounding the bidding.The program will focus on analyzing and understanding the adverse consequences of errors in bids. It will explore errors in both public and private projects, whether by a prime contractor or a subcontractor. This course will provide practical insights into how different types of errors will be addressed by courts or administrative agencies.

Date: 2023-08-29 Start Time: End Time:

Learning Objectives

Simple Prevention of Errors
• Always Read the Solicitation, Instructions to Bidders and Bid Form
• Note Dates
• Document the File
• Proof-Read the Bid

Outline
• Duty of Care in Bidding
• Binding Nature of a Bid (RFB Is the Offer, the Bid Is Acceptance)
• Types of Errors
• Technical • Timing, Solicitation Terms
• Omission
• Computation
• Legal • Mistake, Mutual Mistake, Materiality

Remedies
• Withdrawal or Cancellation
• Correct or Modify (Reformation)
• Equitable Relief • Unconscionability, Superior Knowledge, Promissory Estoppel, Equitable Estoppel
• Equitable Enforcement (Specific Performance)

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ENG ,ISM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Carol A. Sigmond-Greenspoon Marder

Construction Contract Bid Errors (OnDemand Webinar)

$219.00

SKU: 406769EAU

Description

Gain an understanding of bidding law and the legal issues surrounding the bidding.When a contractor places a bid on a project, what is the impact of that act or submission? Is a bid a contract? What if I make a mistake in the bid how do I get out of it? What are the risks in bidding or accepting of the bids of other entities? What is foul play in the context of bidding that will expose contractors, subcontractors, owners, architects and engineers (and their employees and owners) to risk and liability, including potential criminal and civil liability? This material will focus on bidding law and the legal issues surrounding the bidding on both private and public projects.

Date: 2019-12-20 Start Time: End Time:

Learning Objectives

What Is a Bid? Where Does It Fall in Contract Formation?

Enforcement of Bids and Bid Mistakes

Rejection or Selection of Bids

How Does Value Engineering Fit Into Competitive Bidding

Bid Rigging, Bid Shopping, and Acts of Foul Play in the Bidding Process

Civil and Criminal Liability Associated With the Bidding Process

No Credit Available

Dorsey R. Carson, Jr.-Carson Law Group, PLLC, G. Edgar James, Esq. – James | Sobba LLC