Description
Understand the details of construction contract arrangements and the concepts of construction contracting.The topic is intended to assist you in understanding the issues specific to construction contracts. The information is designed to educate listeners on contract formation, breach of contract, excusable nonperformance, and damages and remedies. The material will also help you understand the key provisions and special considerations in construction to best protect your, or your client’s, business.
Date: 2023-10-31 Start Time: End Time:
Learning Objectives
History of Contract Law
Contract Formation
• Written Contracts
• Oral Contracts
• Implied Contracts
Breach of Contract
• Waiver
Excuses for Nonperformance
• Frustration of Purpose
• Impossibility
• Unavoidable Accident
Inexcusable Breaches
• Nonpayment
• Cardinal Change
• Denial of Site Access
Damages and Remedies
• Specific Performance
• Money Damages
Special Construction Issues
• No Damages for Delay
• Contract Modifications
• Termination for Convenience
• Prompt Payment
• Pay When Paid
• Mechanics Liens
• Trust Funds
• Competitive Bidding
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Carol A. Sigmond-Greenspoon Marder
