In this course, you will gain an attorney’s view of how dangerous risks can be avoided with specific contract language that will minimize your company’s liability exposure. Learn about various case dispute situations and how the contract clauses respond to real-case examples plus best practice approaches to manage the circumstances. Participants will have the opportunity to collaborate with the instructors on sample construction project scenarios and determine potential consequences because of the contract definition and legal requirements.
Expand your understanding of significant contract subjects.
Acquire a bank of sample language to use in negotiating owner-contractor and contractor-subcontractor contracts.
Understand how risks can be created and avoided by specific—and sometimes overlooked—contract language.
Level & Prerequisites: It is recommended to have taken CFMA's Contracts 101 course for a foundation. This is an advanced program. Attendees must have experience in working with their company’s contracts and possess knowledge of contract language and clauses. Attendees will actively participate in contract reviews and issue spotting activities.
CPE Credits: This program provides 4.0 CPE credits in the field of Business Law.
Who Should Attend? CFMs, CFO’s, Controllers, Risk Managers, CPAs, General Contractors, Subcontractors, Suppliers