Kit Werremeyer
Understanding and Negotiating Construction Contracts: A Contractor's and Subcontractor's Guide to Protecting Company Assets
Understanding and Negotiating Construction Contracts: A Contractor's and Subcontractor's Guide to Protecting Company Assets
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Excellent- More about Understanding and Negotiating Construction Contracts: A Contractor's and Subcontractor's Guide to Protecting Company Assets
Construction contracts can be complex. This guide provides a comprehensive and readable introduction to the world of construction contracts, covering the four most common types of contracts and offering updated information on indemnity, insurance, and negotiation. It is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.
Format: Paperback / softback
Length: 384 pages
Publication date: 21 August 2023
Publisher: John Wiley & Sons Inc
Construction contracts can be intricate and challenging for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is crucial, just as effectively managing projects is. A well-negotiated contract can mitigate unnecessary risks and risk transfer, reducing exposure to financial liability for the contractor and avoiding contract claims and disputes.
Understanding and Negotiating Construction Contracts offers a comprehensive and accessible guide to the realm of construction contracts. It provides coverage of the four most common types of contracts: lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing. By offering insights into these contract types, the book aims to reduce uncertainty and empower contractors to enter contractual negotiations with greater confidence, ultimately achieving fair and balanced contracts. This updated new edition reflects the latest best practices to understand how to negotiate commercial terms and conditions more effectively in construction contracts.
In addition to its comprehensive coverage, the second edition of Understanding and Negotiating Construction Contracts includes updated information on indemnity, insurance, and negotiation. It also features an all-new chapter with a contract analysis checklist, providing practical guidance for contractors. Real-world examples drawn from small residential, retail, large commercial, and international projects further enhance the book's applicability and practicality.
Understanding and Negotiating Construction Contracts is an essential resource for construction professionals and college students studying construction contracts and the liabilities associated with them. By providing a thorough understanding of contract principles, negotiation strategies, and legal considerations, the book equips readers with the tools they need to navigate the complex world of construction contracts successfully.
Weight: 726g
Dimension: 272 x 213 x 23 (mm)
ISBN-13: 9781394150205
Edition number: 2 ed
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