Learn best practice procedures for prequalifying subcontractors and managing subcontractor default risk.
Learn the elements of effectively protecting your company when contracting with trade subcontractors for construction projects. Learn the steps to take to check the ability of a subcontractor to perform a project on time. Receive critical subcontract provisions to include in your invitation to bid and your subcontract form. Finally, you will learn the specific steps to take when the subcontractor's performance fails to meet your standards, as well as effectively putting a surety on notice to take action. This information will also look at risks from the subcontractor's perspective, to avoid situations beyond the financial capacity and control which affect the subcontractor's performance.
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
The Risks of Subcontracting
- Before the Project Starts - Evaluating the Subcontractor
- Traits of a Successful Subcontractor
- Bid Form - What to Require From the Subcontractor
- Insurance Against Failure to Perform
- Protection Against Bankruptcy
- Surety Bonds
Important Contract Provisions
- The Schedule
- Cure Provision
- Payment Terms
When Trouble Appears
- Default Termination Provisions
- Replacing a Subcontractor
- Notices to the Surety for Performance Bond
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 11, 2019.
Call 1-866-352-9540 for further credit information.
- AK CLE 1.5
- Alaska attorneys may receive 1.5 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
- AL CLE 1.5
- This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.5 hours credit.
- Arizona CLE 1.5
- The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
- CA MCLE 1.5
- Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
- CT CLE 1.0
- Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
- RI CLE 1.5
- This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
- VT CLE 1.5
- This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
- WA CLE 1.5
- This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Nicholas S. Papleacos
Chamberlain, Hrdlicka, White, Williams & Aughtry
- Shareholder in the Atlanta, Georgia office of Chamberlain, Hrdlicka, White, Williams & Aughtry
- Specializes in construction law and litigation since 1981
- Adjunct professor, Construction Management Department, College of Architecture & Construction Management, Kennesaw State University, Kennesaw, GA
- Co-author, Georgia Construction Law
- Chair, Southern Polytechnic State University Foundation
- Executive Committee, Kennesaw State University Construction Management Industry Advisory Board
- Trustee, Kennesaw State University Foundation; member, Real Estate Committee
- Former chairman of the board, Diakonia Retreat Center, Greek Orthodox Metropolis of Atlanta
- Presenter at seminars for industry groups and clients on contract and claim issues for over 30 years
- Admitted in State of Georgia, Court of Appeals and Supreme Court of Georgia; United States District Court, Northern and Middle Districts of Georgia; United States Federal, Fifth and Eleventh Circuit Courts of Appeal; United States Court of Federal Claims
- J.D. degree, University of South Carolina School of Law; A.B. degree, Harvard College
- Can be contacted at 191 Peachtree Street N.E., Atlanta, GA 30303, [email protected] or 404-588-3422
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Why Lorman?
Over 36 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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