Practical Considerations and Concerns in Basic Construction Contract Law

$149.00

SKU: 411021

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 clients, business.

Date: 2023-10-31 Start Time: 1:00 PM ET End Time: 2:30 PM ET

Learning Objectives

* You will be able to describe the history of contract law.

* You will be able to identify special construction issues as they relate to contracts.

* You will be able to recognize the different contract formation techniques.

* You will be able to explain breach of contract.

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) ,ENG ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Carol A. Sigmond-Greenspoon Marder