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Understanding and Negotiating Construction Contracts

Understanding and Negotiating Construction Contracts PDF Author: Kit Werremeyer
Publisher: John Wiley & Sons
ISBN: 1394150202
Category : Law
Languages : en
Pages : 390

Book Description
Understanding and Negotiating Construction Contracts The complexities of construction contracts are made easy with this thorough and readable guide Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes. Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts. Readers of the second edition of Understanding and Negotiating Construction Contracts will also find: Updated information on indemnity, insurance, and negotiation An all-new chapter with a contract analysis checklist Real-world examples drawn from small residential, retail, large commercial, and international projects Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.

Understanding and Negotiating Construction Contracts

Understanding and Negotiating Construction Contracts PDF Author: Kit Werremeyer
Publisher: John Wiley & Sons
ISBN: 1394150202
Category : Law
Languages : en
Pages : 390

Book Description
Understanding and Negotiating Construction Contracts The complexities of construction contracts are made easy with this thorough and readable guide Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes. Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts. Readers of the second edition of Understanding and Negotiating Construction Contracts will also find: Updated information on indemnity, insurance, and negotiation An all-new chapter with a contract analysis checklist Real-world examples drawn from small residential, retail, large commercial, and international projects Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.

The Construction Contracts Book

The Construction Contracts Book PDF Author: Daniel S. Brennan
Publisher: American Bar Association
ISBN: 9781604422559
Category : Law
Languages : en
Pages : 402

Book Description
Most construction lawyers are familiar with the American Institute of Architects (AIA), Engineers Joint Contract Documents Committee (EJCDC) forms of agreements, and the newer ConsensusDOCS forms. The ConsensusDocs forms replace many of the forms previously issued by the Associated General Contractors of America (AGC). Now completely revised, this invaluable resource offers a topic-by-topic comparison of these forms by providing: - An easy-reference guide to how the AIA, ConsensusDOCS and EJCDC forms treat the most significant issues in owner/contractor/subcontractor and owner/design professional agreements - Proposed alternative language for situations where the form contract approach may not provide the best solution - List comparing the most significant provisions from each of these forms (on the CD-ROM)

Understanding and Negotiating EPC Contracts, Volume 1

Understanding and Negotiating EPC Contracts, Volume 1 PDF Author: Howard M. Steinberg
Publisher: Taylor & Francis
ISBN: 1317005236
Category : Business & Economics
Languages : en
Pages : 244

Book Description
In Understanding and Negotiating EPC Contracts, Volume 1, Howard M. Steinberg presents a practical and comprehensive guide to understanding virtually every aspect of engineering, procurement and construction (EPC) contracts for infrastructure projects. The 25 chapters in Volume 1 are supplemented with real-life examples and court decisions, and offer tactical advice for anyone who must negotiate or understand EPC contracts in connection with the implementation, financing or operation of infrastructure projects. Emphasizing current market practices and strategic options for risk sharing, the book contains a narrative explanation of the underpinning of all of the issues involved in EPC contracting. Exhaustive in scope, it clarifies the fundamental commercial principles and pitfalls of "turnkey" contracting for all types of capital investments ranging from electrical and thermal power generation (including combined heat and power, nuclear, wind, solar, natural gas and coal) to refining, to chemical processing to LNG liquefaction and re-gasification to high speed rail, bridging, tunneling and road building. Providing clear and thorough analyses of the issues and challenges, this volume will be of great value to all those involved in complex construction projects.

Understanding and Negotiating Turnkey and EPC Contracts

Understanding and Negotiating Turnkey and EPC Contracts PDF Author: Joseph A. Huse
Publisher: Sweet & Maxwell
ISBN: 9780421674103
Category : Law
Languages : en
Pages : 1000

Book Description
This work aims to keep criminal lawyers up to date with the latest cases and legislation, and includes longer articles analyzing current trends and important changes in the law. Drawing all aspects of the law together in one regular publication, it allows quick and easy reference

CANADIAN CONSTRUCTION CONTRACTS GUIDEBOOK.

CANADIAN CONSTRUCTION CONTRACTS GUIDEBOOK. PDF Author: ELLIOT A. SMITH
Publisher:
ISBN: 9780779897179
Category :
Languages : en
Pages :

Book Description


Quit Getting Screwed

Quit Getting Screwed PDF Author: Karalynn Cromeens
Publisher: Lioncrest Publishing
ISBN: 9781544517735
Category :
Languages : en
Pages : 192

Book Description
It's time for subcontractors to Quit Getting Screwed. Every day, subcontractors across all trades face the same critical dilemma: Should I sign a subcontract I don't understand-one that might even put my company at risk? Or should I refuse to sign and lose the job? Attorney Karalynn Cromeens wrote Quit Getting Screwed to help every subcontractor, no matter how big or how small, understand what those subcontracts mean. Know which provisions you should expect and which ones to avoid. Identify dangerous provisions that need to be removed, learn the best negotiation techniques, and come to the table armed with fair language that can be substituted for unfair clauses. Signing a subcontract you don't understand can put your entire livelihood in jeopardy. If you're a subcontractor, don't sign another subcontracting agreement without knowing what it means.  Keep this book in your pocket, and quit getting screwed.

Construction Contracts

Construction Contracts PDF Author: Keith Collier
Publisher: Prentice Hall
ISBN: 9780137559275
Category : Construction contracts
Languages : en
Pages : 0

Book Description
This exploration of the basics of contracts as applied to the construction industry focuses 1) upon the different types of contracts and their fundamentals as they apply to, and affect, owners, contractors, designers, subcontractors, suppliers, etc., 2) on the impact of information technology on contracts and contracting, and 3) on the effect of contracts on the management, administration, and the costs of construction work. Using the published standard forms of construction contracts as models and guides, it helps readers develop an understanding not only of the contract process in general, but also why one type of contract should be used rather than another in a given situation. The Nature of Contracts. Construction Contracts. Stipulated-Sum Contracts. Cost-Plus-Fee Contracts. Unit-Price Contracts. Contracts with Quantities. Subcontracts and Supply Contracts. Arrangements of Contracts for Construction. Design-Build Contracts. Documents for Contracts. Bidding for Contracts. Negotiating Construction Contracts. Administration of Contracts. Claims and Disputes. Changes in the Work of Contracts. Contract Time. Completion of Contracts and Payments. The Uncovering and Correction of Work in Contracts. For construction practitioners; and also for members of the legal profession who want to see construction contracts from the standpoint of those directly involved in construction and who want to better understand why and how a construction contract should be designed for a particular project.

Negotiating and Structuring Construction Contracts

Negotiating and Structuring Construction Contracts PDF Author: Aspatore Books
Publisher: Aspatore Books
ISBN: 9780314904195
Category : Law
Languages : en
Pages : 103

Book Description
Negotiating and Structuring Construction Contracts is an authoritative, insiders perspective on best practices for the construction contracting process. Featuring partners from some of the nations leading law firms, these experts discuss how to protect client interests and negotiate key provisions, and offer up their thoughts on recent developments and trends in construction contracting. These top lawyers give tips on risk allocation during drafting and negotiating, including a comparison of risk in both AIA and ConsensusDOCS standard forms, and discuss project delivery methods, with a focus on key concerns related to the Integrated Project Delivery model. Additionally, these leaders reveal their strategies for Green building, public sector contracts, and dispute resolution. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced attorneys offer up their thoughts on successful contracting in an ever-evolving industry.

Construction Contracts

Construction Contracts PDF Author: Jimmie Hinze
Publisher: McGraw-Hill Science/Engineering/Math
ISBN:
Category : Law
Languages : en
Pages : 520

Book Description
* Written in layman's terms, this all-you-need-to-know text focuses on the most important aspect of contract administration * Covers many legal issues related to construction law and provides essential background material about fundamentals * Examples of filled out documents help clarify the key points

Construction Law

Construction Law PDF Author: Gail Kelley
Publisher: John Wiley & Sons
ISBN: 1118229037
Category : Law
Languages : en
Pages : 323

Book Description
A clear, concise introduction to construction law for professionals Construction Law: An Introduction for Engineers, Architects, and Contractors offers a comprehensive review of the U.S. legal environment, focusing on the legal concepts and issues applicable to the design and construction industries. Topics covered include: Basic legal principles Project participants Project delivery systems Construction contracts The design process Procurement Pricing construction projects Subcontractors and suppliers Time for performance Construction scheduling Contract administration The payment process Changes to the work Differing site conditions Termination of the construction contract Mechanic's liens Construction insurance Surety bonds Liability for defective construction Calculations of damages The Economic Loss Doctrine Alternative dispute resolution This book serves as an excellent introduction to construction law for students as well as professionals in the construction industry.