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Construction Bond and Contract Provisions

Control risk with contract provisions and construction bonds.

Construction projects involve many risk factors from cash flow to weather, and workmanship to design errors. Although all risks cannot be eliminated, risk can be mitigated through the use of bonds and proper contract terms. This topic will provide an overview of construction bonding and the bond claim process as well as a primer on key contract provisions to help control risk.

Runtime: 91 minutes
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Why Lorman?

Over 34 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

Bonds for Construction Projects

  • Bonds vs. Insurance
  • Performance Bonds
  • Release of Lien Bonds
  • Presenting Bond Claims
  • Responding to Bond Claims
  • General Agreements of Indemnity

Construction Contracts: Key Clauses

  • Standard Owner Agreements, Designer Agreements, Subcontracts and General Conditions
  • Changes and Modifications
  • Delay, Liquidated and Consequential Damages Clauses
  • Pay When Paid Clauses
  • Indemnity and Insurance Clauses
  • Substantial and Final Completion
  • Dispute Resolution Clauses
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Why Lorman?

Over 34 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

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on April 16, 2019.

Call 1-866-352-9540 for further credit information.

  • 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.
     
  • GA CLE 1.5
     
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.5 CLE hours.
     
  • 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 34 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

Joshua B. Levy

Joshua B. Levy

Husch Blackwell LLP

  • Member of Husch Blackwell's Real Estate, Development & Construction team
  • Represented clients for more than 29 years in construction disputes and claims
  • Practice focused on the complete array of construction services and litigation and provides contractors, designers, owners and developers with tremendous experience and knowledge in all areas of construction
  • Trains companies in his own version of best practices he has named Breachless Execution and the Breachless program implements the Law in Action approach taught at the University of Wisconsin Law School
  • Helps clients and industry groups appreciate the benefits realized if all parties to a project understand their obligations, execute their responsibilities, collaborate on problem solving and minimize the disruption caused by disputes
  • Founding member of Husch Blackwell's Construction Academy, has worked to develop the academy from a series of annual events to a comprehensive knowledge center
David B. Raymond, Esq.

David B. Raymond, Esq.

Husch Blackwell LLP

  • Partner in the office of Husch Blackwell LLP and a member of the Construction & Design Industry Sector Group
  • Practice emphasizes all aspects of construction transactions, construction claims analysis and avoidance, and arbitration and litigation of construction related disputes
  • Conducts regular seminars and workshops on numerous topics
  • Super Lawyers of Missouri and Kansas, Construction Litigation/Business, 2017
  • J.D. degree, University of Missouri; M.B.A. degree, Rockhurst University; B.S.M.E. degree, University of Missouri
  • Can be contacted at 816-983-8156 or [email protected]
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Why Lorman?

Over 34 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.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 405961
Published 2019
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