Implied Obligations in Construction Contracts

$149.00

SKU: 410191

Description

Dont be caught offguard by implied contract obligations that you did not even know existed.
Few would challenge the wisdom of Ben Franklins aphorism, When a friend deals with a friend, Let the bargain be clear and well pennd, That they may continue friends to the end. Blind reliance upon the written words in a construction contract can be equally imprudent, however, as the courts in the United States have longrecognized implied contract obligations that supplement and clarify the written words of a construction contract. Recognizing and understanding the applicability of implied contract obligations will lead to better decisions throughout the life of a construction project. This course will provide those who draft, negotiate, manage, and administer construction contractsno matter the frequencywith the knowledge to effectively deal with implied contract obligations both in the contract itself and as claims arise on a construction project. This information is critical to those who need to know and understand their rights and obligations under their construction contracts.

Date: 2022-10-28 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to identify the differences between documentation and communication and why it matters.

* You will be able to explain the importance of effective communications.

* You will be able to identify effective strategies for making smart communication decisions

* You will be able to recognize the elements of good communications.

Introduction
• Overview

Origins of Implied Contract Obligations
• Common Law
• Statutory Law

Fundamental Elements of Implied Contract Obligations

Commonly Recognized Implied Contract Obligations
• Good Faith and Fair Dealing
• Information
• Access
• Performance
• Warranty

Modifying Implied Contract Obligations
• Avoidance Clauses
• Best Practices

Conclusion

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

Scott D. Cahalan-Smith, Gambrell & Russell, LLP