Negotiating Construction Contracts

Overview

Negotiating a fair construction contract can be time consuming and frustrating to both parties. If you have a good offer that is being considered, odds are very few companies will be willing to negotiate changes the proposed construction contract. Having good skills in negotiating construction contracts is very critical for good negotiating skills will ensure a good deal can be carved out by both parties. The focus of the seminar will be on how these skills can be learnt.

 

Objective

Participants would have developed the necessary skills on how to negotiate contracts. The art of negotiating and what are they do and do not with regards negotiating construction contracts will also be taught. By the end of the course, participants would have developed the skills in negotiating contracts and handling dicult clients. Many practical examples will be used and key points will be discussed.

 

Course Outline

Negotiation on the scope of work?
• Definition of what are the obligations of the owner
• Define what the obligations of the main contractor are
• Understanding and appreciating the scope of work

Negotiating on indemnity clause?
• What is the basic indemnity clause?
• How to negotiate to get a fair indemnity clause
• Industry practice of using indemnity clause

What skills are needed when negotiating insurance policies?
• What is the normal insurance coverage in construction contracts?
• How to negotiate the insurance policies?
• When negotiation what to look

How to negotiate the settlement process in construction contracts
• How can the matter be settled amicably?
• What key issues are involved in the settlement process?
• What should be done in the negotiation of settlement?

Negotiating on the payment terms?
• What are the key payment terms?
• When and how payment will be made
• How to negotiate on a favorable payment terms

Negotiating a limited liability clause?
• The definition of a limited liability clause?
• What are the problems when a limited liability clause is being negotiated?
• How to negotiate a limited liability clause
• What do you mean by cross indemnity?
• Solutions to handling indemnity clause

Importance of negotiating contracts and what skills are critical
• Arbitration and the choice of law and settlement
• Should law of neutral country be used?
• Is a better idea to use UK or US law in the circumstances?

Who Should Attend?

Project Representatives on Construction Projects, Project Managers, Contract Administrators, Architects, Engineers, Owners and supervisory and field management personnel.

 

Course Fees (Incl GST)

SCAL member: $250.00

CIJC Member: $300.00

Non-member: $300.00

 

Speaker Profile

David Shanmugam

David has an LLB (Honours) from the University of London and a Master of Business Administration (MBA) from Victoria University.

Mr. David Shanmugam has many years of legal practice in the private sector and is presently working in a legal firm. He is also an Advocate & Solicitor of the Supreme Court of Singapore.

He regularly conducts legal seminars and workshops for Directors, HR and Finance professionals on business and company law as well as various practical legal issues faced by corporate individuals. His forte is in the field of corporate and commercial drafting of contracts, including commercial company matters. Over the years, he has also conducted many in-house trainings for high profile corporate clients.

Course Duration

1.0 Day Course

  • Training Hours – 7.0 hours

  • Assessment Hours – 0 hours

Medium Of Instruction

  • English

Funding Information

This webinar is not eligible for funding.

 

 

Register

Certification

An e-Certificate of Attendance will be issued to participant who complete the course with 100% attendance. 

 

Replacement/Postponement

A notice of replacement / postponement together with the full particulars of the new participant (for replacement) must be given to us AT LEAST 3 working days before course commencement. A charge of S$50 (replacement) or S$100 (postponement) will be imposed on such changes. 

 

Cancellation

A notice of cancellation must be given at least 3 working days before commencement of the course and 50% of course fee will be charged /returned. If notice is given less than 3 working days before the first day of the course, there will be no refund/100% charged.

 

Special Class

Available upon request.

 

For more information, please contact Mr Law Jia Hao at 67939020 or email jiahao@scal-academy.com.sg

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