Implied Obligations in Construction Contracts
1 hour 5 minutes
Don’t be caught off-guard by implied contract obligations that you did not even know existed.
Few would challenge the wisdom of Ben Franklin’s aphorism, “When a friend deals with a friend, Let the bargain be clear and well penn’d, That they may continue friends to the end.” Blind reliance upon the written words in a construction contract can be equally imprudent, however, as the courts in the United States have long-recognized implied contract obligations that supplement and clarify the written words of a construction contract. Recognizing and understanding the applicability of implied contract obligations will lead to better decisions throughout the life of a construction project. This course will provide those who draft, negotiate, manage, and administer construction contracts—no matter the frequency—with the knowledge to effectively deal with implied contract obligations both in the contract itself and as claims arise on a construction project. This information is critical to those who need to know and understand their rights and obligations under their construction contracts.
• You will be able to identify the differences between documentation and communication and why it matters.
• You will be able to explain the importance of effective communications.
• You will be able to identify effective strategies for making smart communication decisions
• You will be able to recognize the elements of good communications.