Description

U.S. Courts acknowledged a contractor’s right to complete work early in the 1960s. Delayed early completion claims arose shortly after that and became common in the industry. It was then, and remains now, a controversial issue in the construction industry, with many project owners refusing to accept early completion baseline schedules. Others crafted contractual mechanisms to defeat such claims. The purpose of this webinar is to set forth the background concerning a contractor’s right to complete work early and examine the contractor’s right to seek an equitable adjustment should their planned early completion be delayed by the action of the owner. The webinars identified the potential benefits and risks for both owners and contractors. Additionally, this webinar provides a brief overview of how owners can defend against claims-oriented early completion schedules.

Areas Covered in the Session:-

• Learn about the two forms of early completion schedules standard on construction sites.
• Understand how and why early completion schedules are constructed.
• Explore the issue of whether a contractor is obligated to inform an owner of their planned early completion.
• Review some recent U.S. court decisions concerning early completion schedules.
• Be exposed to the pros and cons of an early project completion schedule.

Learning Objectives:-

• Understand why early completion schedules are used on some projects.
• Learn how to deal with as-planned early completion schedules without increasing the risk of constructive acceleration claims.
• Explore some potential contractual defenses that owners may employ to guard against phone early completion schedules or prevent their use entirely.

Background:-

Contractors have the right to plan an early completion at the project's outset. Many owners would prefer to accept baseline schedules showing a planned early completion date due to the perceived risk of early completion delay claims. However, when an early completion schedule is employed, the benefits and risks for owners and contractors will be explored. Additionally, there are some legitimate defenses owners may put in place concerning early completion schedules.

Why Should You Attend?

• Understand the background of the contractor’s right to complete work earlier than required under the contract.
• Gain information on an early completion schedule and why some contractors use it on projects.
• Learn how to review early completion schedules and determine whether they are legitimate or claims oriented programs.
• Learn about early completion delay claims and what contractors must prove to recover damages.
• Gain information about the contractor’s perceived advantages for creating and submitting an early completion schedule.
• Discover 12 ways an owner to avoid claims-oriented early completion schedules.

Who Should Attend?

• Owners and owner representatives managing capital improvement projects.
• Contractor executives, project managers, project sponsors, and project control personnel.
• Construction managers and design professionals performing services during construction.
• Attorneys representing owners, contractors, construction managers & design professionals performing services during construction.