Title: Understanding and Negotiating Construction Contracts: A Contractor's and Subcontractor's Guide to Protecting Company Assets
Publisher: RSMeans
Publication Date: 2006
Language: English
ISBN 10: 0876298226
ISBN 13: 9780876298220
Binding: Soft cover
Edition: 1st Edition
Condition: Good

About this title

Synopsis

Construction is a complex business. Each project has its own unique physical and commercial considerations. Since there’s no such thing as a “standard” or “typical” construction project, construction contracts should also not be considered standard. The contractor must carefully manage both in order to have a successful outcome and protect the company’s interests and assets.

This book will help you manage all these elements of the contract:

Scope of work and schedule
Terms of payment and cash flow
Assurances of performance
Insurance, bonding, indemnity, and warranties
Changes to the contract
Disputes and their resolution
Damages
Termination and suspension
Force majeure
International contracting

About the Author

About the Author:

Kit Werremeyer is the owner and president of Southernstar Consultants LLC, of Valrico, Florida, a provider of training in construction contract negotiations and management and other services for U.S. and international engineering and construction companies. He has more than 30 years' experience in international sales, contracting, claims settlement, dispute resolution, and EPC project development, including work for major companies such as Bechtel, Kellogg Brown & Root, Fluor, J.A. Jones, Black & Veatch, DuPont, Shell Oil, Exxon/Mobil, BP/Amoco/ARCO, and many others.

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