
Explore remedies for breach in construction contracts, including repair or replacement of defective work, corrections by the breaching party, damages (including liquidated and actual), and termination options.
Identify common drivers of change in construction contracts, including design evolution and design packages, owner needs, market conditions, unforeseen conditions, constructability, and schedule changes.
Learn the formal process to incorporate construction changes, from informal triggers like emails and RFIs to CLB and CCD change orders, with forward pricing, retrospective pricing, or force account amendments.
Expect frequent changes and implement a formal change management process involving subcontractors, suppliers, design team, and owner to approve, price, and schedule changes swiftly while ensuring payments.
In this course, we begin diving into key contract clauses related to breach of contract and changes. Not all breaches are the same and it's important to know the difference as the remedies for breach vary. Changes are inevitable and we must handle them quickly, efficiently and properly to incorporate them into the contract. With a similar theme, the schedule changes as well. The baseline won't be accurate for long and needs to be updated frequently. We'll learn how to properly update and distribute a new schedule each month. Lastly, Earned Value is a tool used by some owners to give them the health of the project. We'll learn the proper way to establish the earned value system and analyze a project to provide clues whether it's tracking.