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UID:30202-1686645000-1686648600@abceastpa.org
SUMMARY:Dealing with Delay: From Contract Negotiations to Claims
DESCRIPTION:Description: The presentation will provide strategies for contractors to protect themselves against the impacts of delays and will identify practical steps that a contractor can take at various stages of a project\, from bid to close-out\, that will increase the contractor’s chances of successfully obtaining additional time and compensation.  The strategies presented will include: \n\naddressing schedule requirements at the proposal stage and negotiating contract language to reduce the risk of cost impacts associated with material shortages\, force majeure\, changes\, unforeseen conditions\, delays cause by others\, and non-excusable delays attributable to the contractor;\ndocumentation practices during the performance of the work to avoid contractual pitfalls and effectively supporting claims for additional time and compensation; and\,\nsuccessfully resolving disputes and pursuing claims for additional time and compensation as a result of delay and impacts.\n\nLearning Objectives: \n\nProvide an understanding of basic “delay” related terminology;\nPresent bidding and pre-construction strategies to mitigate delay and impact risk;\nIdentify key contract language posing risk in relation to delays and impacts;\nProvide guidance on why and how certain standard contract language (i.e. “no damages for delay” clauses and liquidated damages clauses) should be modified in pre-contract negotiations;\nOutline steps for effectively documenting delay during construction to support requests for additional time and money;\nIdentify contractual pitfalls to be avoided during construction to preserve the contractor’s rights to additional time and money;\nProvide guidance on proactively addressing disputes during performance of the work and after completion;\nPresent an overview of how a delay claim is properly developed\, supported\, and prosecuted to give the claim the best chance of success.\n\nThis seminar will be hosted by ABC Eastern PA Member: \nHENDRICK PHILLIPS SALZMAN & SIEGEL\, P.C.
URL:https://abceastpa.org/event/dealing-with-delay-from-contract-negotiations-to-claims/
LOCATION:PA
CATEGORIES:Accounting/Financial Classes,Classes,Legal Classes,Management Education
ORGANIZER;CN="Amy McCafferty":MAILTO:amccafferty@abceastpa.org
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