This PowerPoint presentation provides a list of the risks and exposures that contractors should identify, an explanation of why understanding the construction contract is critical, a description of the typical components of a construction contract, a list of provisions often part of the general conditions, a description of contractual risks, a list of the industry’s standard form contracts, a list of cautions about working with standard form contracts, and a resource where you can find checklists to help identify, assess, and manage risks on a specific project.
Topic
Construction Risk Management
Publish Date
December 2, 2024
Audience
Contractors
Resource Type
Brochure, Presentation
Project Owners Beware – Don’t Eliminate Prime Bonds in Favor of Dual Obligee Status on Subcontract Bonds