Getting the right form of construction contract in place is a key issue that needs to be sorted out by owners, builders and contractors early in the negotiation process to properly manage expectations and the proper distribution of risk and responsibility in a construction project. If the structure is wrong or unsuited to the project and parties this will inevitably create significant problems for the construction project.
There are many forms of construction contracts such as stipulated price, cost plus, design-build, construction management and construction management-at-risk. We will look at the CCDC suite of contracts and identify the key characteristics and differences for each.
We will also review the key provisions in construction contracts using the CCDC suite as an example:
- Schedule
- Changes
- Notice Requirements
- Termination
- Dispute Resolution
These provisions are often altered in supplementary conditions and it is important to understand them and how they work in a typical construction contract in order to manage the construction project and understand the allocation of risk .
Presenter: Scott Lamb is a partner at Clark Wilson LLP. He practices in the area of construction law, acting for owners, general contractors, specialized contractors, consultants and material suppliers in institutional, commercial and residential projects. Scott’s practice encompasses negotiating and drafting construction contracts, construction disputes and builders lien claims. He has been recognized in 2018 and 2019 by Best Lawyers in Canada for construction law.
Disclaimer: The content of this presentation is for informational purposes only and should not be construed as legal advice.
Webinar time: 11:00am - 12:00pm Pacific Standard Time (PST)
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