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Construction Contracting: Business and Legal Principles - Hardcover

 
9780132644419: Construction Contracting: Business and Legal Principles
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Exceptionally practical and authoritative, this introduction to construction contracting as it applies to typical, every-day situations explains "theoretical" ideas in terms of what really happens in practice.* Reflects the authors extensive experience as an educator and in the contracting field at virtually every position - from junior engineer to Executive Vice President and Director of a major national construction contracting company. * The author has personally experienced in practice every concept covered. * Examines the more common case law holdings and the customs and practices of the industry. * Relies on case law extensively to explain and illustrate how courts/boards/arbitrators view the typical legal problems that occur in contracting practice. * Presents the clear contractual basis of the normal relationship of the various parties to the construction process in the United States today. * Explains how to read and identify the "key" or "red flag" clauses in prime contracts for the provision of construction services. * Systematically examines a number of construction-related contracts common to the industry (other than the prime construction contract), e.g.: * Labor agreements. * Purchase orders and subcontract agreements. * Insurance contracts. * Surety bonds. * Joint venture agreements. * Offers extensive treatment and examination of the bidding and proposal procedures in common use in the U.S. today, and a thorough discussion of the procedure and practice followed in the event of mistakes in bids. * Provides an in-depth examination of the operation of the more important of the key clauses in construction contracts, including: * Breach of contract. * The changes clause. * The differing site conditions clause. * Delays suspensions and terminations. * Liquidated damages/force majeure/time extensions. * Covers the theory and application of methods of allocation of responsibility for construction delays, and the application of the Doctrine of Constructive Acceleration. * Examines the common methods of dispute resolution in use in the construction today. * Provides extensive chapter-end questions and problems - some complex - that help develop students understanding in the context of typical industry situations.

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From the Back Cover:

Construction Contracting: Business and Legal Principles, Second Edition, provides an updated, improved look at the impact of contractual issues on the construction industry. Intended for managers rather than lawyers, this guidebook explains the principles and practices of every aspect of the contractual relationship. It emphasizes the more common case law holdings and industry customs so the manager can avoid troublesome legal issues during the completion of the project.

Key features of this edition:
  • Examples and illustrations added to aid in reader understanding of the more complex subject matter.
  • A completely new chapter on contract claims now precedes the chapter on dispute resolution.
  • Several subjects reorganized to provide a smoother flow between chapters.

"About this title" may belong to another edition of this title.

  • PublisherPearson
  • Publication date1997
  • ISBN 10 013264441X
  • ISBN 13 9780132644419
  • BindingHardcover
  • Edition number1
  • Number of pages330

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9780130910554: Construction Contracting: Business and Legal Principles

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