Contract Risk Management: Tactics for Success Agenda

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

7:00 a.m. Registration & Continental Breakfast

8:00 a.m. Contract Basics

  • The Importance of Contracts to "Contractors"
  • Contracts and Risks
  • Elements of Contract Formation
  • What is not a Contract

9:00 a.m. Pre-Contractual Documents

  • Enforceability of Pre-Contractual Documents
  • Purchase Orders
  • Flow-Down Provisions

10:00 a.m. Specialized Contract Terms

  • Condition Precedent Clauses
  • Site Inspection
  • Differing Site Conditions

11:00 a.m. Delay and Default

  • No Damage for Delay Clauses
  • Liquidated Damages
  • Force Majeure
  • Insurance Default

Noon Networking Luncheon

1:00 p.m. Indemnity

  • Indemnification

2:00 p.m. Contractual Coverage and Additional Insured

  • Obligations to Pay
  • Contractual Liability Insurance
  • The Commercial General Liability Policy
  • Duty to Defend v. Duty to Indemnity
  • Additional Insured

3:10 p.m. Additional Insured Continued & Contractual Coverage

  • Additional Insured
  • Components of an Insurance Policy
  • Important Considerations
  • Recommendations
  • Insurance Requirements
  • Waiver of Subrogation
  • Builder's Risk Policy

5:00 p.m. Networking Cocktail Reception

6:00 p.m. Adjourn

Day 2—Wednesday Agenda

7:00 a.m. Continental Breakfast

8:00 a.m. Contract Performance Mandates

  • Changes
  • Claims and Disputes
  • Waiver of Liens
  • Field Documents

9:00 a.m. Contractual Risk Strategies

  • Certificate of Insurance
  • Contract Administration
  • Umbrella Endorsements
  • Safety Concerns
  • Wrap-Ups

10:00 a.m. Resolution of Claims and Termination

  • Resolution of Claims and Disputes
  • Termination for Convenience
  • Insurance Claims in Contracts
  • Termination / Cancellation of Contractual Claims
  • The Future is Now

11:30 a.m. Adjourn