Contracts Workshop
ABOUT
Pam Scholefield, an attorney, professional engineer, and veteran of the construction industry since 1985, is your host for a fast-paced, eye-opening webinar focusing on the ways the COVID-19 restrictions can affect your payment rights as well as your contract obligations. This webinar will provide a refresher on mechanic’s liens, stop payment notices and bond claims, plus provide insight on how job suspensions can trigger early deadlines to secure these rights. During this webinar, we will also discuss real-life contract provisions and explore how the effects of the COVID-19 restrictions can cause an impact on your contract rights and obligations.
Hot topics include:
• Notice Requirements;
• Force Majeure provisions (or lack thereof);
• Owner’s suspension of the project;
• The unexpected consequences of delays;
• Damages recoverable by the contactor or subcontractor related to suspensions and delays;
• Securing rights to mechanic’s liens, stop payment notices and bond claims. Steps: 2 Total time: 2 hrs 49 mins
INSTRUCTORS
jdesoto4
Rewards
Everyone who has completed all steps in the program will get a badge.
Contracts Workshop
Step 1
Your customer gives you a contract, you check the price and scope and you sign it. Your next move could make or break you - do NOT throw it in a drawer and hope for the best! You're a contractor and you need to understand the contract you just signed. This will be an energetic workshop that answers the question "What the heck does that mean?" as applied to most common "gotcha" terms that result in more ways to lose money than you ever imagined. All you need to do is sit back and pay attention while you learn how to slice and dice risky contract terms so that you can enjoy a profitable project.
Contracts Workshop
Step 2
Does it ever fell like you're financing a project? Well, most of the time you are! While it is not fair, pay-when-paid is what this industry has evolved into 0 especially with the contract terms you're asked to sign. But, you have payment rights you can use to stop waiting forever to be paid, no matter what your contract says! This workshop is designed to give you the understanding you need to assert those payment rights. Plus, you'll gain tips on how to use the super-legalese term "notwithstanding" to more easily negotiate better payment terms.