Conference Objectives:
By the end of the conference , participants will be able to:
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Identify and avoid causes for contractual claims and change orders.
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Recognize the different types of claims and how to prevent and/or deal with each type.
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Apply, through actual situations, the different approaches to claims handling including Alternative Dispute Resolution (ADR) and litigation.
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Practice and discuss, through a project, all aspects of handling and resolving contractual claims and change orders.
This Conference is designed for:
All those involved in implementing contracts and handling claims and change orders; also those involved in any step of contract preparation/ administration for them to appreciate the importance of a well prepared contract. This program is worth 25 NASBA CPEs.
Conference Outline:
Why Claims Occur - The Red Flags
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Situations Causing Costly Claims
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Contractor Practices that Cause Claims
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Owner Practices that Cause Claims
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Causes Associated with: Contract Documents, Contract Awards, Contract Administration and Claim Settlement Procedures and Practices
Contractors Objectives
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Profits
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Fair and Unfair Practices
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Keeping Records
Contracts in Progress
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Avoiding Problems
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Know Your Contract
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General and Special Terms
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Claims
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Nature of Claims
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Types of Claims
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Claims Process
Quantification of Damages
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Types of Damages
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Liquidated Damages
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Actual Damages
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Other Considerations
Dispute Resolution
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Negotiation
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Arbitration
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Litigation
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Alternative Dispute Resolution (ADR)
Case Study
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Factual Background of the Project
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The Project Events
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Discussion of the Project; Problems and Responsibilities
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