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Webinar #3 of 5: Read your construction contract: “If I Could Turn Back Time: Schedule, delay, and timing requirements”

Read your construction contract – A series of five webinars to keep you out of trouble!

The old adage “time is money” is especially true in construction. Construction projects and contracts have contractual and statutory milestones that, if not adhered to, can limit a contractor’s ability to complete a project and move on to the next. We’ll explore these critical milestones and their implications in this CONnected webinar.

Learning objectives:
• Deepen your understanding of the major contractual milestones and corresponding prerequisites: Ready-for-Takeover, Substantial Performance of the Work, Warranty, and any Construction Completion/Final Acceptance Certificates
• Explore why giving “timely,” prompt, and proper notice in writing is imperative to ensuring your rights
• Recognize clauses that limit your ability to claim for damages/extras/changes due to delays
• What does ‘time is of the essence’ mean? What is force majeure, and will it protect you?

Our expert presenters include:
1. Frank Faieta, Vice President, National Surety Risk Management, Trisura Guarantee Insurance Company
2. Christina O’Donnell, Vice President & General Council, Black and McDonald Limited
3. Amber Sandhu, Regional Underwriting Officer – National Accounts & Alt. Delivery, Travelers Canada

May 1, 2023 01:00 PM in Eastern Time (US and Canada)