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Cost-Plus Contract Fundamentals

 

Understand the various aspects of cost-plus contracting as well as common issues that may arise.

This topic will provide a guide to when and how to use cost-plus contracts for construction projects. The information provided will include bidder identification, solicitation methods, evaluation criteria and methods, trade and subcontractor issues, administration of cost-plus contracts, payment issues, risk allocation issues and post-construction auditing. We will then look at key contract provisions associated with cost-plus contracting, how to manage costs in cost-plus contracts and finally how to protect ownership from unscrupulous contractors.

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Cost-Plus Contract Fundamentals

Agenda

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Cost-Plus Contract Fundamentals

Faculty

Carol A. Sigmond

Carol A. Sigmond

Porzio Bromberg & Newman P.C.

  • Recognized thought leader in the construction law community in New York
  • Current vice president of the New York State Bar Association and the former president of the New York County Lawyers Association
  • Frequent speaker and author on topics relating to construction law and publishes “The Co-Op Condo Help Line” appearing monthly in various Mann Report publications
  • Member of Law360‘s 2020 Construction Editorial Advisory Board
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Cost-Plus Contract Fundamentals

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