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Understanding and Negotiating Construction Contracts

Understanding and Negotiating Construction Contracts
Author: Kit Werremeyer
Publisher: John Wiley & Sons
Total Pages: 390
Release: 2023-07-19
Genre: Law
ISBN: 1394150202

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Understanding and Negotiating Construction Contracts The complexities of construction contracts are made easy with this thorough and readable guide Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes. Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts. Readers of the second edition of Understanding and Negotiating Construction Contracts will also find: Updated information on indemnity, insurance, and negotiation An all-new chapter with a contract analysis checklist Real-world examples drawn from small residential, retail, large commercial, and international projects Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.


Understanding and Negotiating EPC Contracts, Volume 1

Understanding and Negotiating EPC Contracts, Volume 1
Author: Howard M. Steinberg
Publisher: Taylor & Francis
Total Pages: 244
Release: 2016-10-14
Genre: Business & Economics
ISBN: 1317005236

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In Understanding and Negotiating EPC Contracts, Volume 1, Howard M. Steinberg presents a practical and comprehensive guide to understanding virtually every aspect of engineering, procurement and construction (EPC) contracts for infrastructure projects. The 25 chapters in Volume 1 are supplemented with real-life examples and court decisions, and offer tactical advice for anyone who must negotiate or understand EPC contracts in connection with the implementation, financing or operation of infrastructure projects. Emphasizing current market practices and strategic options for risk sharing, the book contains a narrative explanation of the underpinning of all of the issues involved in EPC contracting. Exhaustive in scope, it clarifies the fundamental commercial principles and pitfalls of "turnkey" contracting for all types of capital investments ranging from electrical and thermal power generation (including combined heat and power, nuclear, wind, solar, natural gas and coal) to refining, to chemical processing to LNG liquefaction and re-gasification to high speed rail, bridging, tunneling and road building. Providing clear and thorough analyses of the issues and challenges, this volume will be of great value to all those involved in complex construction projects.


The Construction Contracts Book

The Construction Contracts Book
Author: Daniel S. Brennan
Publisher: American Bar Association
Total Pages: 402
Release: 2008
Genre: Law
ISBN: 9781604422559

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Most construction lawyers are familiar with the American Institute of Architects (AIA), Engineers Joint Contract Documents Committee (EJCDC) forms of agreements, and the newer ConsensusDOCS forms. The ConsensusDocs forms replace many of the forms previously issued by the Associated General Contractors of America (AGC). Now completely revised, this invaluable resource offers a topic-by-topic comparison of these forms by providing: - An easy-reference guide to how the AIA, ConsensusDOCS and EJCDC forms treat the most significant issues in owner/contractor/subcontractor and owner/design professional agreements - Proposed alternative language for situations where the form contract approach may not provide the best solution - List comparing the most significant provisions from each of these forms (on the CD-ROM)


Understanding and Negotiating Turnkey and EPC Contracts

Understanding and Negotiating Turnkey and EPC Contracts
Author: Joseph A. Huse
Publisher: Sweet & Maxwell
Total Pages: 1000
Release: 2002
Genre: Law
ISBN: 9780421674103

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This work aims to keep criminal lawyers up to date with the latest cases and legislation, and includes longer articles analyzing current trends and important changes in the law. Drawing all aspects of the law together in one regular publication, it allows quick and easy reference


Construction Contracts

Construction Contracts
Author: John Murdoch
Publisher: Routledge
Total Pages: 408
Release: 2002-01-04
Genre: Architecture
ISBN: 1135803269

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Although the legal principles involved in construction contracts and their management and administration are an aspect of general contract law, the practical and commercial complexities of the construction industry have increasingly made this a specialist field. Recognizing this, Construction Contracts is a fully revised edition of the UK’s leading textbook on the law governing this area. Brought up to date with recent cases and developments in the law as it stands at July 2000, this new edition: takes full account of the effects of the Housing Grants, Construction and Regeneration Act 1996, the Arbitration Act 1996, the Contracts (Rights of Third Parties) Act 1999 and the changes in the legal system brought about by the Woolf reforms includes extended coverage of financial protection, construction insurance and tendering controls, as well as the Construction (Design and Management) Regulations has been revised to take account of changes to the common standard-form contracts, particularly the New Engineering Contract and the GC/Works family of contracts. Retaining the same basic approach as its successful predecessors, this important text introduces the general principles that underlie contracts in construction, illustrating them by reference to the most important standard forms currently in use.


The Construction Contracts Book

The Construction Contracts Book
Author: Carrie Okizaki
Publisher:
Total Pages:
Release: 2020
Genre: Construction contracts
ISBN: 9781641056397

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"Annotated analysis and comparison of the AI, ConsensusDocs, and EJCDC contract forums"--


Quit Getting Screwed

Quit Getting Screwed
Author: Karalynn Cromeens
Publisher: Lioncrest Publishing
Total Pages: 192
Release: 2021-01-12
Genre:
ISBN: 9781544517735

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It's time for subcontractors to Quit Getting Screwed. Every day, subcontractors across all trades face the same critical dilemma: Should I sign a subcontract I don't understand-one that might even put my company at risk? Or should I refuse to sign and lose the job? Attorney Karalynn Cromeens wrote Quit Getting Screwed to help every subcontractor, no matter how big or how small, understand what those subcontracts mean. Know which provisions you should expect and which ones to avoid. Identify dangerous provisions that need to be removed, learn the best negotiation techniques, and come to the table armed with fair language that can be substituted for unfair clauses. Signing a subcontract you don't understand can put your entire livelihood in jeopardy. If you're a subcontractor, don't sign another subcontracting agreement without knowing what it means.  Keep this book in your pocket, and quit getting screwed.


Construction Contracts

Construction Contracts
Author: Jimmie Hinze
Publisher: McGraw-Hill Science/Engineering/Math
Total Pages: 520
Release: 2001
Genre: Law
ISBN:

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* Written in layman's terms, this all-you-need-to-know text focuses on the most important aspect of contract administration * Covers many legal issues related to construction law and provides essential background material about fundamentals * Examples of filled out documents help clarify the key points


Construction Contracts

Construction Contracts
Author: Keith Collier
Publisher: Prentice Hall
Total Pages: 0
Release: 2001
Genre: Construction contracts
ISBN: 9780137559275

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This exploration of the basics of contracts as applied to the construction industry focuses 1) upon the different types of contracts and their fundamentals as they apply to, and affect, owners, contractors, designers, subcontractors, suppliers, etc., 2) on the impact of information technology on contracts and contracting, and 3) on the effect of contracts on the management, administration, and the costs of construction work. Using the published standard forms of construction contracts as models and guides, it helps readers develop an understanding not only of the contract process in general, but also why one type of contract should be used rather than another in a given situation. The Nature of Contracts. Construction Contracts. Stipulated-Sum Contracts. Cost-Plus-Fee Contracts. Unit-Price Contracts. Contracts with Quantities. Subcontracts and Supply Contracts. Arrangements of Contracts for Construction. Design-Build Contracts. Documents for Contracts. Bidding for Contracts. Negotiating Construction Contracts. Administration of Contracts. Claims and Disputes. Changes in the Work of Contracts. Contract Time. Completion of Contracts and Payments. The Uncovering and Correction of Work in Contracts. For construction practitioners; and also for members of the legal profession who want to see construction contracts from the standpoint of those directly involved in construction and who want to better understand why and how a construction contract should be designed for a particular project.