Description
Gain a better understanding of the construction payment process and provisions that protect both parties interests.
By showcasing the contractual terms that impact the legal rights and responsibilities of owners and contractors for private construction projects, this program aims to familiarize you with the construction payment process. You will gain insights into the provisions that owners should have their attorneys include to safeguard their interests and ensure you are getting what you paid for. This program will highlight the contractual provisions that contractors must pay attention to so that they can receive fair compensation for their services.
Date: 2023-06-07 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to explain the contract terms owners should consider having their attorneys include to ensure owners are getting what they paid for.
* You will be able to identify contract provisions of interest to contractors so that they receive payment for their services.
* You will be able to recognize which supporting documents are required for progress payments.
* You will be able to review the construction payment process.