Join Carol Sigmond for her Lorman webinar CLE on project delivery methods on Monday, June 24.
This topic 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; examine how these methods enable collusion, kickbacks and fraud; and 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 you with a competent understanding of these project delivery methods, their implications and the current legal landscape, all to help better carry out your projects.
After attending this live webinar, you will be able to:
- describe the fundamental characteristics of fixed price and cost-plus project delivery methods and their common variations.
- Identify methods to avoid and mitigate such risks on your own projects.
- Recognize the modern legal landscape surrounding the construction industry, and the risk of fraud and collusion.
- Explain the differences in administering both fixed price and cost-plus contracts
Continuing Education Credit
- AIA 1.50
*For detailed credit information, visit www.lorman.com/ID406156 or call 866-352-9540.