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Webinar: Construction Contracts: Recognizing and Understanding Important Provisions

Start:
November 14, 2017 10:30 am
End:
November 14, 2017 11:30 am
Cost:
104/124
Organizer:
Laurie Silvey
Phone:
217-522-5512
Email:
lsilvey@ilchamber.org
Venue:
online

Taught by Ginger Imes of DSP Insurance Services andRegister
Matthew Horn of SmithAmundsen LLC

Liability is risky business, especially when contracts are involved. This presentation is dedicated to helping business owners understand contracts. This will allow your company to stay in compliance and respond to new opportunities quickly. The presenters will discuss best practices and tools for implementing a Contractual Risk Transfer Policy and Program. Key aspects of contract law will be reviewed such as flow down provisions, primary and non-contributory language, additional insured form requirements and Kotecki waivers.

Legal Topics:
-Incorporation Clauses
-Conflict Clauses
-Inspection/Investigation Clauses
-Pay if Paid and Pay When Paid
-Changes or Extras in Writing
-Discretionary Language
-Defense and Indemnity Clauses
-Additional Insured Language
-Waiver of Workers’ Compensation Cap (Kotecki Waiver)
-Mediation v. Arbitration v. Litigation
Attorneys’ Fees Provisions

Insurance & Risk Management Topics:
-Importance
-What to watch out for and monitor
-Tools and Resources

 

 

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