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Understanding and Negotiating Construction Contracts: A Contractor's and Subcontractor's Guide to Protecting Company Assets (Anglais) Broché – 29 septembre 2007

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Quatrième de couverture

Understanding & NegotiatingConstruction Contracts Kit Werremeyer A Contractor′s & Subcontractor′s Guide to Protecting Company Assets A practical desk reference to help identify and evaluate risky commercial terms and conditions, then negotiate or get help to resolve them. Construction is a complex business. Each project has its own unique physical and commercial considerations. Since there′s no such thing as a "standard" or "typical" construction project, construction contracts should not be looked on as standard either. They must be carefully managed in order to have a successful outcome and to protect the company′s interests and assets. This book will show you how to identify, understand, and evaluate high–risk terms and conditions typically found in construction contracts—then negotiate to lower or eliminate the risk, improve terms of payment, and reduce exposure to claims and disputes. You don′t have to be a lawyer to understand the risks and to be able to negotiate better and less risky commercial terms and conditions. The author has written this book without using "legalese," instead providing real–life examples you can relate to from actual projects????—from small residential and retail to large commercial, industrial, and international work. This book will help you manage all these elements of the contract: Scope of Work & Schedule Terms of Payment & Cash Flow Assurances of Performance Insurance, Bonding, Indemnity, & Warranties Changes to the Contract Disputes & Their Resolution Damages Termination & Suspension Force Majeure International Contracting About the Publisher: RSMeans is the foremost source of construction cost information in North America, with 27 annual cost data products, a nationwide seminar program, and consulting services. Means also offers a library of reference books on construction estimating, project management, and many other topics.

Biographie de l'auteur

About the Author: Kit Werremeyer is the owner and president of Southernstar Consultants LLC, of Valrico, Florida, a provider of training in construction contract negotiations and management and other services for U.S. and international engineering and construction companies. He has more than 30 years′ experience in international sales, contracting, claims settlement, dispute resolution, and EPC project development, including work for major companies such as Bechtel, Kellogg Brown & Root, Fluor, J.A. Jones, Black & Veatch, DuPont, Shell Oil, Exxon/Mobil, BP/Amoco/ARCO, and many others.

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Couverture | Copyright | Table des matières | Extrait | Index | Quatrième de couverture
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Commentaires client les plus utiles sur (beta) 8 commentaires
2 internautes sur 2 ont trouvé ce commentaire utile 
Excellent Purchase 25 juillet 2013
Par Ngan N Chi - Publié sur
Format: Broché Achat vérifié
Well written on construction contracts by a seasoned Contract Negotiator. Lots of good references and examples. Highly recommend it for anyone who wants to learn more about it without getting bored reading legal terms. This is great for basic reference however regarding actual statutes, current law changes, and different state's contract law then you'll need to do further research. Also a side note, although risks were presented and recommendations were made (and it's good practice to know what your risks are) there are times where you would have to assume some risk in order to get a job. Otherwise, in this competitive industry Owners will move on to the next contractor who will want to assume the risk. As an example, providing Additional Insured Endorsements and Waiver of Subrogation endorsements on Liability insurance. Yes, it's risky but that's part of the "standard" in this industry to provide it. And the author addressed "standard" reference. There are some standard requirements that limit your negotiation leverage. Just remember regarding risk: you can assume it, transfer it or you can deny it. If you want to assume it then make sure it's part of your "bid" or "quote" to cover your "risk." The author wrote about that too. Definitely a good source for basic contract review and negotiation.
2 internautes sur 2 ont trouvé ce commentaire utile 
Review of contracts book 16 avril 2008
Par Allen from Tallahassee - Publié sur
Format: Broché
Book is very well written and easy to understand. No legalese is used. The comments on how to negotiate better terms and conditons in construction contracts make sense for contractors. The chapter on indemnities is especially good for contractors.
1 internautes sur 1 ont trouvé ce commentaire utile 
Quite clearly written by a non lawyer 31 mai 2014
Par Maureen - Publié sur
Format: Broché
While the author made some good points and had some good suggestions, quite of bit of what he says is misleading and some is flat out wrong, to the extent that relying on his advice could get you into trouble.

A contract is a legal agreement, taking an advice from a non-lawyer is like taking an advice from the guy who happens to be sitting next to you in the doctor's office as to whether you need a hip replacement.
1 internautes sur 1 ont trouvé ce commentaire utile 
Useful guide for contractors and subcontractors 8 décembre 2008
Par Pancho - Publié sur
Format: Broché Achat vérifié
Some of the most misunderstood, neglected and dangerous aspects of construction contracts are the risk transfer provisions. Mr. Werremeyer explains them clearly and without jargon, and includes sensible alternate wording which your clients will likely accept. This may very well save your company. We have made parts of this book required reading for our sales personnel training.
Contract language 19 décembre 2008
Par K. Morris - Publié sur
Format: Broché
This book was very helpful in understanding how my company can negotiate better terms and conditions in contracts. Mr. Werremeyer's examples of contract language found in construction contracts, and the risk associated with such language, were clearly explained. It was nice to have a book like this written in plain English, rather than a lot of legal-type language.
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