By the end of the program, participants will be able to:
- Identify and avoid causes for contractual claims and change orders.
- Recognize the different types of claims and how to prevent and/or deal with each type.
- Apply, through actual situations, the different approaches to claims handling including Alternative Dispute Resolution (ADR) and litigation.
- Practice and discuss, through a project, all aspects of handling and resolving contractual claims and change orders.
This Program is designed for:
All those involved in implementing contracts and handling claims and change orders; also those involved in any step of contract preparation/ administration for them to appreciate the importance of a well prepared contract. This program is worth 25 NASBA CPEs..
Program Outline:
Why Claims Occur - The Red Flags
- Situations Causing Costly Claims
- Contractor Practices that Cause Claims
- Owner Practices that Cause Claims
- Causes Associated with: Contract Documents, Contract Awards, Contract Administration and Claim Settlement Procedures and Practices
Contractors Objectives
- Profits
- Fair and Unfair Practices
- Keeping Records
Contracts in Progress
- Avoiding Problems
- Know Your Contract
- General and Special Terms
|
|
Claims
- Nature of Claims
- Types of Claims
- Claims Process
Quantification of Damages
- Types of Damages
- Liquidated Damages
- Actual Damages
- Other Considerations
Dispute Resolution
- Negotiation
- Arbitration
- Litigation
- Alternative Dispute Resolution (ADR)
Case Study
- Factual Background of the Project
- The Project Events
- Discussion of the Project; Problems and Responsibilities
|