In the fast-paced world of design-build projects, effective contract drafting is essential to mitigate risks and protect the interests of all stakeholders involved. This session, facilitated by esteemed construction lawyers from Porter Hedges, will delve into the intricacies of contract drafting tailored specifically for design-build projects.
LEARNING OBJECTIVES:
Explain Relationship Dynamics: Participants will be able to explain how the relationship dynamics between owners, contractors, and design professionals differ in design-build projects compared to traditional project delivery methods, particularly in terms of the standard of care.
Identify Unique Business Considerations: Participants will be able to identify and articulate the business considerations unique to the design-build method, including licensing requirements and the implications of insurance and bonding.
Draft Project Agreements: Participants will be able to apply best practices to produce customized design-build project agreements that aim to mitigate risks and protect the interests of all parties involved.
Analyze Contractual Terms: Participants will be able to analyze and compare unique contractual terms that are pertinent to design-build projects, understanding how they contribute to the protection of each project participant.
Sponsored by
