EURO WINGS - Contract Administration: Understanding and Implementing Contractual Obligations

Conference Objectives:

By the end of the conference , participants will be able to:

 

This conference is designed for:

All those involved in any aspect of implementing, managing or administering contracts; also those involved in any step of contract preparation and award for them to realize the importance of a well prepared contract. This program is worth 25 NASBA CPEs.

 

Conference Outline:

Principles of Contracts

  • Definitions
  • Legal and Business Considerations
  • Difficulties

Administration Tools

  • Roles
  • Issues
  • Checklists
  • Calendars
  • Documents

Contractual Provisions Affecting Implementation

  • General Terms and Conditions
  • Exceptions to Terms
  • Special Terms and Conditions

Management of Contracts in Progress

  • Avoiding Problems: Importance of Communication
  • Know Your Contract
 

Risk Allocation

  • Hold Harmless Clauses
  • Types of Damages
  • Limitation of Liability

Contract Administration

  • Partnering
  • Problem-Solving versus Confrontation
  • Contract Interpretation

Claims and Change Orders

  • Legitimate and Not-So-Legitimate Claims
  • Variation and Change Orders

Lessons Learned

  • How, Who, Where and When

Dispute Resolution

  • Negotiation
  • Other Procedures