10 Construction Contract Nightmares and Their Solution

RICS together with Baker Mckenzie is pleased to invite you to a lunch and learn in Sydney: 1 Hour Formal CPD

10 Construction Contract Nightmares and Their Solution

War stories & examples of the common mistakes made in construction law and contracts – from pre contract all the way through to administering contracts – upstream or downstream.

1. Wrong choice of contract

2. Rush to break ground, insufficiently completed design

3. Inclusion of pre-contract correspondence as Contract Documents, rather than carefully and intentionally including only those provisions that are relevant

4. Appointment of Principal’s employee as Superintendent

5. ‘Putting the Contract in the drawer’ resulting in loss of contractual rights through ignorance of time bars/ inadvertent waiver of rights

6. Failing to understand the parallel operation of the Security of Payment regime alongside the Contract and the risk of relying solely on contractual provisions

7. Attempting to direct Variations after Practical Completion

8. The furphy of ‘Provisional/ Interim Practical Completion’

9. Mistakes around release of security (failing to exercise set off rights) or botched claims on security (failing to follow contractual procedures)

Spaces are limited, so bookings are essential.

Event Partner: Baker Mckenzie

Contact:

For more information on this event please contact Caleb Steiner (RICS Member Engagement Lead) at [email protected]

Privacy:

Please note, your details may be shared with the RICS NSW MEG where strictly necessary for coordination of this event. Please contact [email protected] if you have any concerns or would like any additional information. For more information on how RICS collects and uses information please view our Privacy Policy - https://www.rics.org/oceania/footer/rics-privacy-policy/

FAQs:

• How can I contact the organiser with any questions?

Should you require further information, please don't hesitate to contact Caleb Steiner - [email protected]

• Can I update my registration information?

Yes, you can update the information on your order by clicking your order on the Tickets page. First, access the account menu, then select "Tickets." Second, select your order. Third, select “Edit” to update your information. Once you’re done, select “Save” to save changes.

• Reschedule or Cancellation of Events

Due to the nature of events, we may require to reschedule or cancel due to unforeseen circumstances. We will do our best to email all attendees as soon as possible, should this occur. Should a reschedule or cancellation occur, RICS will not be responsible for any costs, damages or expenses (i.e. travel) etc. that you may suffer or incur.

Host or Publisher RICS Australia