If you missed Carol Sigmond's Lorman webinar, "Fixed Price vs. Cost-Plus: How to Choose and Use Project Delivery Methods in Light of Fraud and Collusion," from August 25th it is now available on the Lorman website.
Gain a greater understanding of contract implications so that you may better administer and manage your projects.
This topic is designed for both new and experienced contract professionals. It explains the fundamentals of fixed price and cost-plus contracts, which dominate the field of project delivery methods. We will explore the incentives, risks, and administration-specifics associated with each type. We then will examine how these methods enable collusion, kickbacks, and fraud, and we will engage in a short case study of well-known projects demonstrating these issues. The topic will provide advice and practice considerations for avoiding these pitfalls.
The primary objective of this topic is to provide contract professionals with a competent understanding of these project delivery methods, their implications, and the current legal landscape, all to help better carry out their projects.
For more information, and to purchase this webinar, click here.