Join Cohen Seglias Partner Carol Sigmond on October 19 for her Lorman Education Services webinar, "Fixed Price vs. Cost-Plus: How to Choose and Use Project Delivery Methods in Light of Fraud and Collusion."
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.