Carol Sigmond hosted her Lorman webinar CLE on project delivery methods on Monday, June 24.
This webinar explained the fundamentals of fixed price and cost-plus contracts, which dominate the field of project delivery methods. We explored the incentives, risks and administration specifics associated with each type; examined how these methods enable collusion, kickbacks and fraud; and engaged in a short case study of well-known projects demonstrating
these issues. The topic provided advice and practice considerations for avoiding these pitfalls. The primary objective of this topic provided viewers 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.