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Regina

1935 Elphinstone St
Regina, SK S4T 3N3

Virtual

Mastering Subcontracts - Maximizing Opportunities & Mitigating Risks (Formerly: Trade Contracts - A Double Edged Sword)

$300 Members

$400 Non-Members

  • Credits: 2
  • Provider: Constructing Minds

Course Description

In the intricate world of construction projects, subcontracting plays a crucial role in achieving success. However, navigating the complexities of subcontracts requires a keen understanding of both the opportunities they present and the risks they entail. Today, subcontracts are increasingly complex and burdensome, with general contractors transferring more risk, responsibility, and liability onto subcontractors. Therefore, it is imperative for subcontractors to gain a deeper understanding of contracts before potential problems arise, rather than after.

 

In this workshop, we will delve into the strategies and practices that enable participants to leverage subcontracting opportunities to their fullest potential while mitigating associated risks. Whether you’re a seasoned subcontractor or new to the subcontracting arena, this workshop is designed to provide valuable insights and practical tools to enhance your subcontracting endeavors.

Participants will utilize a manual featuring spreadsheets and checklists to explore the contractual responsibilities of subcontractors. We will examine clauses pertaining to design responsibility, performance specifications, conduit or flow-down provisions, scope of subcontract work, payment terms, insurance requirements, protection of work, warranties, and temporary site facilities. Furthermore, we will delve into contract law, terms and conditions, incorporation by reference, and other pertinent contract terms.

Participants will collaborate to develop a “Subcontract Handbook,” enhancing your understanding of contract requirements. Additionally, we will utilize a green, amber, and red-light system to analyze actual subcontract clauses, empowering participants to identify clauses of concern when reviewing and comprehending construction contracts they are considering bidding on or signing.

This workshop offers a unique resource: a comprehensive manual serving as a reference and companion throughout the sessions. Drawing upon over 40 years of collective experience in the construction industry, this manual is a valuable asset. It provides practical how-to guides, checklists, and templates, serving as a foundation for implementing new processes and procedures, whether in the office or on the jobsite.

Who should attend this workshop:

  • Subcontractors: Individuals or companies who perform specific tasks or provide specialized services that are secured by subcontract.
  • Project Managers: Professionals responsible for overseeing construction projects and managing subcontractor relationships and writing subcontracts.
  • Construction Managers: Individuals who coordinate and supervise construction activities, including subcontractor work and writing subcontracts.
  • General Contractors: Companies responsible for overall project management and coordination, including subcontractor selection and management.
  • Estimators: Professionals who prepare subcontracts for construction projects.
  • Contract Administrators: Individuals responsible for managing contracts, including subcontract agreements and compliance.
  • Legal Professionals: Lawyers or legal advisors who specialize in construction law and subcontract negotiation.
  • Anyone involved in the construction process who seeks to improve their understanding of subcontracting practices and enhance their ability to understand and write effective subcontracts.

Virtual Classroom Sessions:

2 sessions of 3.5 hours each.

Cancellation Policy

SCA will provide a full refund or education credit equal to the amount paid for the course if registration is cancelled three (3) full business days prior to the course start date. Payment is non-refundable for cancellations made within three (3) full business days of the course start date and there will be no transfers to future course dates.

Complimentary substitution of another member of your company/team is welcome right up until the course start time for no additional fee.

For more information or to register please email Kim: kim@constructionsk.ca

Upcoming Dates

Date Time Course Format
September 16 & 17, 2024 3:00pm-6:30pm (EDT) Online
October 22 & 23, 2024 12:00pm-3:30 (EDT) Online
December 17 & 18, 2024 12:30pm-4:00pm (EST) Online