Advanced Certificate in Construction Contract Law Principles Refresher
-- ViewingNowThe Advanced Certificate in Construction Contract Law Principles Refresher course is a vital professional development program designed for construction industry professionals. This course keeps learners updated on the latest legal principles and contract law fundamentals, addressing the ever-evolving legal landscape in construction projects.
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โข Introduction to Construction Contract Law: Understanding the legal framework and key principles governing construction contracts.
โข Contract Formation: Examining the elements required for a valid contract, including offer, acceptance, consideration, and capacity.
โข Contract Interpretation: Analyzing the process of interpreting and construing contract terms and provisions.
โข Contract Types: Differentiating between common contract types, including lump sum, unit price, cost plus, and time and materials contracts.
โข Change Orders and Extra Work: Managing changes to the scope of work and additional work requests during construction.
โข Claims and Disputes: Addressing claims and disputes arising during construction, including notification, documentation, and resolution processes.
โข Payment Provisions: Examining payment terms, schedules, and mechanisms, including progress payments, retainage, and conditional payment.
โข Termination and Suspension: Understanding the legal implications of terminating or suspending a construction contract.
โข Risk Management: Identifying and allocating risks in construction contracts, including indemnification, liability, and insurance requirements.
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