New Industry Contract Documents and Your Bottom Line Agenda

Day 1 Wednesday Agenda (Short breaks will occur at intervals throughout the day)

1:00 p.m. Setting the Stage

  • Potential Contract Pitfalls
  • Differing Site Conditions
  • Indemnification
  • Changes
  • Notice Provisions
  • Delays
  • Payment
  • Warranty
  • Hazardous Material
  • Insurance
  • Surety
  • Damages

2:00 p.m. Setting the Stage 2: Design Build Risk Factors

  • Licensing
  • Owner
  • Teaming
  • Contractual Risks
  • Performance Guarantees
  • Insurance and Bonding

3:00 p.m. ConsensusDOCS Background

  • Development
  • Drafting Principles
  • Baseline Documents
  • Introduction to ConsensusDOC 200

4:00 p.m. ConsensusDOC 200 continued

  • Liquidated Damages
  • Consequential Damages
  • Insurance Requirements
  • Indemnity Provision
  • Bonds
  • Conflicts of Interest

5:00 p.m. Networking Cocktail Reception

6:00 p.m. Adjourn

Day 2—Thursday Agenda

7:00 a.m. Continental Breakfast

8:00 a.m. ConsensusDOCs 240, 410, 500, and 750

  • Owner and A/E Agreement
  • Design-Build Agreement
  • Construction Management Agreement
  • Subcontract Agreement

9:00 a.m. ConsensusDOC 300

  • Tri-party Agreement – Owner, Designer and GC
  • Consensus Decision-Making Body
  • Incentives

10:00 a.m. AIA A201 High Priority Issues

  • Contract Documents and Field Conditions
  • Inspection Standard of Care
  • Labor Disputes
  • Supervision and Construction Procedures
  • Mediation
  • Indemnity Provision
  • Liability Insurance
  • Property Insurance

11:00 a.m. AIA A201: Other Provisions

  • Electronic Documents Exchange
  • Applicable Laws
  • Contractor Approval of Shop Drawings
  • Allowances
  • The Role of the Architect
  • Review of Subcontractors
  • Delays and Extensions of Time
  • Withholding Certification
  • Progress Payments
  • Hazardous Materials
  • Assignment
  • Termination
  • Continuing Performance Obligation
  • Consequential Damages
  • Dispute Resolution

12:00 p.m. Networking Lunch

1:00p.m. Comparisons of the ConsensusDOCS and the AIA Documents

2:00 p.m. Putting it All Together with Best Practices

  • Contract Risk Management Program
  • Risk Analysis
  • The 10 Commandments
  • Procedure for Eliminating Losses
  • Go/No Go Decision
  • Contract Review/Approval Process

3:00 p.m. Contract Risk Management Recommendations

  • Project Review Committee
  • Hand Off Meeting
  • Contract Administrative Checklist
  • Monthly Project Certification
  • Questions/Wrap Up

4:30 p.m. Adjourn