Alternative Delivery Construction Projects: Assuring Performance and Minimizing Risk
Leveraging Letter of Credit, Bond and Insurance Options for Traditional and Non-traditional Delivery Systems
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide construction counsel with an overview of the alternative construction project delivery methods, their inherent risks, and how to evaluate traditional options to hedge against non-performance in non-traditional construction contracts.
Traditional Construction Project Contractual Risk Protection
- Key Performance Risk Characteristics of Design-Bid-Build Project
- Surety Bonds for Performance Assurance
- Parent Company Guarantees for Performance Assurance
- Letters of Credit for Performance Assurance
- Subcontractor Default Insurance for Performance Assurance
Non-Traditional Project Delivery Methods & Performance Risk
- Performance Risk in Design – Build Project Delivery
- Performance Risk in Integrated Project Delivery
- Performance Risk—Other
Performance Assurance Options in Non-Traditional Project Delivery
- Surety Bonds and Parent Guarantees in Design-Build & IPD
- Letters of Credit in Design-Build & IPD
- Subcontractor Default Insurance in Design-Build & IPD
- Other Comments
The panel will review these and other key questions:
- What are the alternative construction industry options for assuring contractual performance, and what are their differences, advantages and disadvantages?
- What are the contractual risk differences in alternative delivery methods?
- How do the traditional performance risk assurance options apply to alternative delivery method projects?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Jonathan J. Dunn
He concentrates his practice in construction and complex commercial matters. He has addressed complex legal and... | Read More
He concentrates his practice in construction and complex commercial matters. He has addressed complex legal and factual matters in construction disputes and defaults. He has significant experience in complex construction disputes, including delay, impact, disruption, inefficiency, extra-work, differing site conditions, bid-protests, subcontractor substitutions, and other construction claims.Close
She represents the full spectrum of the construction industry, from owners, contractors, subcontractors, and... | Read More
She represents the full spectrum of the construction industry, from owners, contractors, subcontractors, and sureties. Her practice includes time-related claims and litigation, legal advice and counsel regarding the contracting process, payment enforcement/defense, administrative and scope claims and litigation, and counseling and transactional services to the construction industry.Close