Can you identify the “red flags” in contracts and bond forms? Sometimes it is difficult to navigate the language contained in contract and bond forms and identify and address what brings on additional or unacceptable levels of risk. Understanding the pitfalls and associated risks of ambiguous or unfavorable conditions in construction contracts and bond forms is a crucial risk management priority for contractors and their surety advisors. Attend the “NASBP Construction Contracts and Bond Forms Workshop” scheduled October 17-18 in Dallas, Texas. There you’ll gain insights into some of the most problematic language contained in:
Contracts related to:
- Site Condition Disclaimers
- Indemnity Obligations
- Default Terms and Remedies
- Extended Warranties
- No-Damage-For-Delay
- Subcontractor Default
Bond Forms related to:
- Miller Act Issues & Anti-Waiver Language
- Declarations of Default Procedures
- Conditions Precedent to Surety’s Step-In Obligation
- Warranty and Long Term Performance Liability
- Liability Under Design-Build and Alternative Project Delivery Forms
NASBP CONSTRUCTION CONTRACTS AND BOND FORMS WORKSHOP
October 17-18, 2012
Hyatt Regency Dallas
Dallas, TX
This intensive Workshop, developed in collaboration with the law firm of Smith, Currie & Hancock LLP, will cover the essential risk provisions in construction contracts and bond forms and will offer practical insights into identifying and addressing problematic language. This Workshop is certified to provide participants with Continuing Education (CE) credit and should be part of everyone’s training plan in 2012. Contact Ann Latham at alatham@nasbp.org for more information, or click here to register.
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