Construction Contracts, Risks & Insurance
Introduction
Understanding construction contracts, risks, and insurance is vital for anyone tasked with building, financing, owning, improving, maintaining and/or managing real property.
Legal risks, administrative issues, sky-rocketing workers’ compensation costs, fees and taxation, and complicated policy issues are only a few of the reasons why construction costs escalate.
This presentation is designed to help you avoid the most common pitfalls that cause project shortcomings, defects, delays, cost over-runs, legal disputes, and headaches in general.
Learning Objectives
Grasp construction contract writing and key risk management components
Introduce a framework to address common pitfalls
Present an array of insurance products applicable to construction professionals, businesses, and projects
Understand the PFCS DBSKCV Construction Management Method and its value in risk management
Program Outline
Introduction
Contracting 101
Purchasing Construction Services
Scope of Work
Contract
Risks
Insurance
Conclusion