What has caused these changes to industry standard contract clauses? Allocation of risk often gets modified in contract clauses based on Project Owner’s or their lawyer’s past experiences. The issue with modifications to contract clauses is the lack of understanding of what the clause means and its associated risks to Project Owners, Consultants, Contractors and other Stakeholders.
If the risk materializes:
- disputes arise,
- relationships are damaged,
- project costs can increase,
- schedules can be compromised,
- bidders can jeopardize their businesses and
- the potential for litigation increases.
In the nuances of the prime contract clauses, there are implications to all partners including the Consultants and Subcontractors.
- WHAT the risks are in CCDC, CCA and provincial standard contracts that have been modified by supplementary conditions,
- WHY these clauses are modified, and
- COSTS associated with these clauses.
You will experience all this through the eyes of the project partners – Owner, Consultant, and Contractor – a team of multi-discipline trainers. Experts from each sector will share their insight, knowledge and explain the “why”, “what” and “how” to address the impact of these clauses. You will test your understanding by engaging in a process to examine several non-standard contract clauses.
Who should attend:
Understanding the impact of non-standard clauses is important for all industry partners! This course is most applicable to mid-management personnel from the following roles/disciplines who are familiar with standard contract clauses.
General Contractors and Subcontractors:
- Construction Company Owners/Managers
- Project Managers
- Commercial Managers
- Business Development Managers
- Project Owners
- Third party Project Managers (for the Project Owner)
- Architects and Engineers
- Bonding and Insurance specialists
Three 3-hour half-days
For support or inquiries, please email firstname.lastname@example.org or call 604-293-2339.