
Understanding and Negotiating Construction Contracts
A Contractor's and Subcontractor's Guide to Protecting Company Assets
- English
- PDF
- Available on iOS & Android
Understanding and Negotiating Construction Contracts
A Contractor's and Subcontractor's Guide to Protecting Company Assets
About this book
Understanding and Negotiating Construction Contracts
The complexities of construction contracts are made easy with this thorough and readable guide
Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes.
Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts.
Readers of the second edition of Understanding and Negotiating Construction Contracts will also find:
- Updated information on indemnity, insurance, and negotiation
- An all-new chapter with a contract analysis checklist
- Real-world examples drawn from small residential, retail, large commercial, and international projects
Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Title Page
- Copyright Page
- Contents
- Acknowledgments
- About the Author
- Preface
- Disclaimer
- Introduction
- Chapter 1: Contracts: Basic Training
- Chapter 2: Types & Forms of Contracts
- Chapter 3: Scope of Work
- Chapter 4: Terms of Payment & Cash Flow
- Chapter 5: The Schedule
- Chapter 6: Assurances of Performance
- Chapter 7: Insurance
- Chapter 8: Indemnity
- Chapter 9: Changes
- Chapter 10: Disputes & Their Resolution
- Chapter 11: Damages
- Chapter 12: Warranties
- Chapter 13: Termination & Suspension
- Chapter 14: Force Majeure
- Chapter 15: Other Contract Clauses
- Chapter 16: A Construction Contractor's Contract Checklist
- Chapter 17: International Contracting
- Chapter 18: What’s It Take to Do Business in Southeast Asia?
- Chapter 19: Some Final Thoughts on Negotiating Contracts
- Resources
- Glossary
- Index
- EULA