School Event

Contract Law & Advanced Contract Law

Overview

Whether you are a contractor, project manager, employer, developer, subcontractor or administrator you work with construction contracts. But how many people have training in contract law? How many understand the contractual implications of their decisions? How often are rights given away just because people don’t understand their contracts? Can you honestly say that you have never found yourself on shaky legal ground?

Everyone in the construction industry is involved with contracts but few people are familiar with contract law. Whether you are an experienced contract manager or a subcontractor new to the industry you should be keeping abreast of contract law. If you don’t know your contract you risk losing the competitive edge.


 LEARNING OBJECTIVES

 

» This seminar provides essential fundamental principles of contract as well as updates on recent developments in contract law. Delegates should achieve: » An appreciation of the importance of reading, understanding and applying their contracts; » An understanding of the common law and statutory law background to contracts; » An awareness of common misconceptions around Contract Law; » Practical skills in assessing contractual risks and applying this to their contracts;  » An appreciation of the importance of contractual provisions to the success of a project; » An understanding of the risks involved with letters of intent and starting work without agreement on all issues; » An ability to foresee and avoid problems when tendering or awarding contracts; » An awareness of common misconceptions around the concept of fairness; » An understanding of the basic requirements for a valid contract; » An appreciation of the importance of devising customized remedies for breach of contract; » An understanding of the principles relating to breach of contract and the remedies therefore, including damages, liquidated damages and penalties; » An understanding of the implications of timebars; » An overview of those provisions of the Consumer Protection Act which affect contractors and employers.

 

SEMINAR CONTENT

Forming the contract including: » What is a contract? » Requirements for a valid contract, tendering procedures, letters of intent, what happens when you have not agreed everything when the work starts » Transfer and termination of contractual rights and obligations » Transfer of ownership of construction materials » Difference between terms and conditions » Different types of terms and conditions » Non-variation clauses, warranties, exemption clauses and governing law » Interpretation of contracts » Time-barring  » ‘Mora’ (delay) » Remedies for breach of contract, including damages, liquidated damages and penalties  » Allocation of risk  » Overview of relevant provisions of the Consumer Protection Act

 

Who should attend?

·         Engineers, architects, consultants

·         Contractors and Subcontractors

·         Developers, Employers Clients

·         Accounting officers

·         Members of local government

·         Government officials involved in construction contracts

 

 

 

 

 

 

 

 

 

 

This event has been cancelled