Advanced Construction Contracts

Overview:

Introduction:

This training program offers participants advanced insights and skills essential for navigating complex construction contracts. It empowers participants to tackle the intricacies of construction contracts effectively, ensuring project success and mitigating legal risks.

Program Objectives:

At the end of this program, participants will be able to:

• Understand advanced principles and structures of construction contracts.

• Apply sophisticated risk allocation strategies in construction contracts.

• Implement effective dispute resolution mechanisms tailored to construction projects.

• Evaluate and select appropriate project delivery methods based on contract requirements.

• Enhance their capabilities in managing complex construction contracts.

Targeted Audience:

• Construction Project Managers.

• Contract Administrators.

• Construction Lawyers.

• Quantity Surveyors.

• Construction Claims Specialists.

• Personnal involved in advanced construction contract management.

Program Outline:

Unit 1:

Advanced Principles of Construction Contracts:

• Overview of advanced contract structures in construction.

• Understanding complex contract clauses and provisions.

• Drafting and negotiating sophisticated contract terms.

• Techniques for interpreting and applying construction contract provisions.

• Case studies on advanced construction contract scenarios.

Unit 2:

Risk Allocation Strategies in Construction Contracts:

• Identifying and assessing risks in construction projects.

• Allocating risks effectively among project stakeholders.

• Developing risk management plans tailored to construction contracts.

• Implementing insurance and surety arrangements to mitigate risks.

• Real-world examples of successful risk allocation strategies in construction contracts.

Unit 3:

Dispute Resolution Mechanisms in Construction Contracts:

• Overview of dispute resolution methods in construction contracts.

• Techniques for drafting effective dispute resolution clauses.

• Arbitration, mediation, and adjudication in construction disputes.

• Case studies on landmark construction dispute resolution cases.

• Discussions on best practices in construction dispute resolution.

Unit 4:

Project Delivery Methods in Construction Contracts:

• Understanding different project delivery methods (design-bid-build, design-build, construction management).

• Evaluating project delivery methods based on project requirements.

• Implementing integrated project delivery (IPD) and other collaborative approaches.

• Case studies comparing different project delivery methods.

• Practical exercises on selecting project delivery methods for construction projects.

Unit 5:

Contract Management Strategies for Complex Construction Contracts:

• Best practices for managing complex construction contracts.

• Techniques for contract administration and change management.

• Managing subcontractors and suppliers in complex construction projects.

• Handling claims and disputes arising from complex construction contracts.