Construction contracts are among the most difficult agreements to draft or review, and negotiate. At every stage, building is fraught with substantial risk – timely regulatory approvals, cost containment and price certainty, financing contingencies, building deadlines, and a host of other risks. If these risks materialize, as is common, the bargained for exchange among the parties and their expectations are radically unsettled.

Construction contracts are a careful allocation of risks, a compromise between flexibility and price/cost certainty, and establish procedures for resolving disputes short of costly litigation.

This program provides a practical guide to drafting the most important provisions of construction contracts.

Part 1 topics include:

• Reviewing and drafting essential provisions of construction contracts
• Use and common mistakes in using AIA contacts in negotiations with builders
• Defining the scope of a project and planning for modifications
• How fees and costs are structured – and allocating risk of modification
• Tying performance standards and timelines to payments

DETAILS
Phone/Audio
Tuesday, October 27, 2020
1:00–2:00 PM

SPEAKERS

• John Miller, John R. Miller PLLC, Charlotte, NC

PRODUCED
October 27, 2020

APPROVED CREDIT
North Carolina: 1.00 MCLE Hour

PROGRAM PRICING
See pricing below.