Construction contracts are fraught with risk. Contract Sums are high, and potential liability for each and every project is higher still. Finding a way to reduce your risk by making changes acceptable to the other side often seems like an impossible task.
In this webinar, Eliot Wagonheim, construction attorney and founder of First Rule Contract Training, will guide you through 5 small changes with big, bottom-line impact.
Why small? Because drowning the other side in a sea of red ink won’t get you where you need to be.
Why these changes? Because your company doesn’t benefit from legal nit-picking. What your company needs is maximum protection and optimized profit.
LEARNING OBJECTIVES:
How to Revise the Change Order provision to eliminate your risk of non-payment (even for unsigned change orders)
What that indemnification language really means and how to reduce your risk by making small, but significant changes
Why “boilerplate” Lien Releases can hurt your bottom line, and what you can (and should) do about it.
How to close the huge, but often unseen, warranty gap that could cost your company thousands of dollars…or more
The one change that will enable you to sign off on a contract that ties you to a Project Schedule…even when the schedule is out of date or not attached at all.