Understanding & Negotiating Contracts (Paperback),by Kit Werrenmeyer
A Contractor's and Subcontractor's Guide to Protecting Company Assets
By Kit Werrenmeyer
Understanding and Negotiating Construction Contracts is a practical, no-legalese reference to help you identify and evaluate risky terms and conditions, then negotiate to lower or eliminate the risk, improve terms of payment, and reduce exposure to claims and disputes. 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 show you how to identify, understand, and evaluate high-risk terms and conditions typically found in construction contracts then negotiate to lower or eliminate the risk, improve terms of payment, and reduce exposure to claims and disputes. You don't have to be a lawyer to understand the risks and to be able to negotiate better and less risky commercial terms and conditions. The author has written this book without using "legalese," instead providing real-life examples you can relate to from actual projects from small residential and retail to large commercial, industrial, and international work. The author brings 30 years' experience in contracting, claims settlement, and dispute resolution to this very readable book, providing real-life examples from actual projects - from small residential and retail to large commercial, industrial, and international work. Includes:
- Scope of Work and Schedule
- Terms of Payment and Cash Flow
- Assurances of Performance
- Insurance, Bonding, Indemnity and Warranties
- Changes and Disputes
- Damages
- Termination and Suspension
- Force Majeure
- International Contracting
Pages: 320 ISBN:0876298226/9780876298220
| Price | $84.95 |
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| Description | A Contractor's and Subcontractor's Guide to Protecting Company Assets By Kit Werrenmeyer Understanding and Negotiating Construction Contracts is a practical, no-legalese reference to help you identify and evaluate risky terms and conditions, then negotiate to lower or eliminate the risk, improve terms of payment, and reduce exposure to claims and disputes. 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 show you how to identify, understand, and evaluate high-risk terms and conditions typically found in construction contracts then negotiate to lower or eliminate the risk, improve terms of payment, and reduce exposure to claims and disputes. You don't have to be a lawyer to understand the risks and to be able to negotiate better and less risky commercial terms and conditions. The author has written this book without using "legalese," instead providing real-life examples you can relate to from actual projects from small residential and retail to large commercial, industrial, and international work. The author brings 30 years' experience in contracting, claims settlement, and dispute resolution to this very readable book, providing real-life examples from actual projects - from small residential and retail to large commercial, industrial, and international work. Includes:
Pages: 320 ISBN:0876298226/9780876298220
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