Contract Killer Clauses in Construction and How to Neutralize Them
- What’s the problem and the cure for exculpatory contracts shifting risk
- Identify “killer clauses” in construction contracts
- How can you neutralize killer clause
- What are best practice contracts with fair risk allocation
Overview of the webinar
Essential Clauses for Successful Construction Contracts and How to Leverage ConsensusDocs Contracts.
Studies demonstrate that fair, best practice contracts, achieve up to 20% lower costs versus the one-sided, outdated, and siloed clauses that lead to claims and litigation. What are the most important clauses that you should prioritize in negotiations to set a foundation for success, and which clauses to avoid? Learn how you can leverage the advantages in ConsensusDocs .How they are different than the American Institute of Architects and how fair contracts improve your bottom-line.
- Learn how utilizing proper risk allocation boosts party relationships, profits, and avoids claims and delays
- Spot some contract killer clauses and contractual best practices to prioritize
- Learn the differences and advantage between ConsensusDocs and the AIA A201
Who should attend?
- All stakeholders to the construction process – engineers
- Architects
- Owners
- Contractors
- Construction managers
- Surety and bonding and insurance professionals
Why should you attend?
While the construction industry relies upon cooperation and communication for success more than any other enterprise, it is probably the most litigious and contentious in the U.S. Maybe that is why the U.S. Department of Labor which tracks efficiency marks construction as the ONLY industry as LESS efficient since statistics have been kept in the 60’s. Contracts are part of the problem because they create contractual silos and risk adverse behaviors that are counterproductive to better overall results. This can change with better written contracts and a more collaborative culture.
Faculty - Mr.Brian Perlberg
Brian Perlberg is Executive Director and Senior Counsel for ConsensusDocs, a coalition of 40+ construction organizations dedicated to drafting best practice construction contracts. Mr. Perlberg serves on the ABA Forum on the Construction Industry Steering Committee for the Contract Documents, National Construction Dispute Resolution Committee (NCDRC) of the Arbitration Association of America (AAA), the Advisory Board to Construction SuperConference, and WPL Publishing.
