Course Description
The typical construction contract is a veritable minefield when it comes to claims. Using the AIA A201-2017 General Conditions of the Contract for Construction as a backdrop, this course explores a number of significant contract provisions relating to claim prosecution. From the definition of “claim,” to the importance of notice provisions, this course highlights key contract clauses for any party to a construction dispute. In addition to notice, this course looks at payment issues, including the impact of prompt payment statutes, as well as the acceptance of final payment at the conclusion of a project. Finally, no seminar on claims would be complete without a look at dispute resolution mechanisms. This course provides a high-level overview of the more popular methods of dispute resolution used to prosecute claims, including mediation, arbitration, and litigation.
Syllabus
- Definition of “Claim”
- Notice provisions
- Continued performance after nonpayment
- Prompt Payment statutes
- Methods of dispute resolution
- Final Payment and its impact