Canadian Construction Contract Essentials
For contactors and anyone involved in procurement and contracting within a construction company. Gain a basic and practical understanding of Canadian construction contract and subcontract essentials.
Description
Gain a basic and practical understanding of Canadian construction contract and subcontract essentials.
- What a contract is from a legal standpoint and what makes it valid and enforceable.
- Key legal principles regarding general contracts and construction contracts.
- Why contracts are important in the construction process.
- “Bidding” contracts and the actual construction contract.
- Difference between a letter of intent, a purchase order, and a construction contract.
- Major cause of construction disputes and why standard industry contract forms can reduce the risk of such disputes.
- Types of construction contracts in terms of project delivery and pricing methods.
- Structure, approach, and key provisions in a typical stipulated/fixed-price or lump-sum construction contract and subcontract.
- Interpret a typical construction contract and subcontract.
This course consists of 8 lessons of approximately 35 minutes duration each, for a total of about 5 hours of self-paced instruction.
Intended Audience
For: Contactors and anyone involved in procurement and contracting within a construction company.
Related Info
This course has been accredited by the Canadian Construction Association (CCA) for one (1) credit toward Gold Seal Certification. A certificate is given upon completion.