6-Hour Program

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Overview

Why You Should Attend

Negotiating and drafting design and construction contracts that clearly define responsibilities and intelligently allocate risks is an art.  The design and construction process is risky and proper risk identification and allocation is critical to the success of any project.  This course is designed to give you the tools you need to better negotiate and draft design and construction agreements.  The American Institute of Architects (AIA) agreement forms are the most widely used design and construction agreements in the United States.  A thorough understanding of the AIA contract forms is critical as they serve as a benchmark for reasonable risk allocation.  The AIA’s major contract documents are revised every ten years.  2017 marks the issuance of new Owner/Architect agreements, Owner/Contractor agreements, and the General Conditions Document.  One of the major changes for 2017 is the introduction of an Insurance Exhibit.  Understanding the Insurance Exhibit is critical to grasping the risk allocation approach embodied in the AIA documents.  This program will provide you with a solid understanding of the new AIA documents including working with the new Insurance Exhibit. With a new administration making plans for major infrastructure development featuring public/private partnerships, we will devote a segment to the key issues in these contracting arrangements. We also will address the key issues in drafting clear, concise dispute resolution clauses, including the key considerations in crafting an appropriate arbitration clause for your project.  Finally, as we have done in the past, one full hour will be devoted to ethical issues for design and construction attorneys.

What You Will Learn

  • Identify the new critical changes in the major AIA contract documents for 2017
  • Interpret and work with the new AIA Insurance Exhibit
  • Negotiate and draft appropriate dispute clauses, including identifying the key characteristics of a well-drafted arbitration provision
  • Identify and appreciate the particular risks encountered in public/private partnerships

Special Feature

  • Earn one full hour of Ethics credit!

Who Should Attend

Practitioners representing owners, contractors, designers, insurers, regulators and others with a stake in construction. Attorneys and allied professionals who want a firm grasp of construction risk allocation from several perspectives will find this seminar a valuable resource.

Credit Details