What has caused these changes to industry standard contract clauses? Allocation of risk often gets modified in contract clauses based on Project Owner’s or their lawyer’s past experiences. The issue with modifications to contract clauses is the lack of understanding of what the clause means and its associated risks to Project Owners, Consultants, Contractors and other Stakeholders.
If the risk materializes:
- disputes arise,
- relationships are damaged,
- project costs can increase,
- schedules can be compromised,
- bidders can jeopardize their businesses and
- the potential for litigation increases.
In the nuances of the prime contract clauses, there are implications to all partners including the Consultants and Subcontractors.
- WHAT the risks are in CCDC, CCA and provincial standard contracts that have been modified by supplementary conditions,
- WHY these clauses are modified, and
- COSTS associated with these clauses.
You will experience all this through the eyes of the project partners – Owner, Consultant, and Contractor – a team of multi-discipline trainers. Experts from each sector will share their insight, knowledge and explain the “why”, “what” and “how” to address the impact of these clauses. You will test your understanding by engaging in a process to examine several non-standard contract clauses.
Who should attend:
Understanding the impact of non-standard clauses is important for all industry partners! This course is most applicable to mid-management personnel from the following roles/disciplines who are familiar with standard contract clauses.
General Contractors and Subcontractors:
- Construction Company Owners/Managers
- Project Managers
- Commercial Managers
- Business Development Managers
- Project Owners
- Third party Project Managers (for the Project Owner)
- Architects and Engineers
- Bonding and Insurance specialists
Three 3-hour half-days
Please contact Ally Bodnar at 604-298-7795 or email@example.com for more information.
Computer or laptop
- Windows 10 or Mac iOS is reccomended
- Internet connection - For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. Minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.
- A quiet space with minimal distractions - Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.
- Comfortable chair
COURSE REGISTRATION CANCELLATIONS, TRANSFERS & REFUNDS:
Cancellations received at least 5 business days prior to the webinar date will result in a full refund.
Registrants who do not attend/log into a webinar, and/or who do not notify ICBA of cancellation at least 5 full business days prior to the course date will be assessed the full cost of the webinar. There will be no refunds or credits in this case.
Substitution of attendees is permitted up to and including the day of the webinar.
COURSE CANCELLATION BY ICBA:
ICBA may have to postpone or cancel webinars due to insufficient enrolment, in which case ICBA’s liability will be limited to a refund of the registration fee.