Before you sign any new contracts, make sure you are knowledgeable about the terms and conditions in the construction contract. Learn the 7 key elements of construction contracts to help you craft contracts that will keep you out of court. Introducing: Practical Aspects of Negotiating Contract Terms and Conditions: A Non-Attorney Perspective.
This valuable training CD will provide you with important information concerning commercial terms and conditions, including:
- Why scope of work, including careful, clear and definitive description, is the most important part of a construction contract or subcontract
- Understanding the cash flow implications of various terms of payment including down payment/early payment, paid when paid, paid if paid terms, incentives for timely payments and electronic funds transfer
- A description of various forms of indemnity with examples of each
- If additional insured status and contractual liability can reduce risks
- Clauses that you can add to your contracts to protect you from change/differing site condition claims down the road
- The best dispute resolution clause you should negotiate in your contracts
- And much, much more
A great resource for construction and building: attorneys, consultants, engineers, architects, owners, contractors, subcontractors, manufacturers, suppliers and other professionals who want to gain a better understanding of contractual terms and conditions. Negotiate in your favor to minimize your liability and risk and keep you out of court!
Your Presenters:
Kit Werremeyer
President, Southernstar Consultants LLC
Kit Werremeyer is the Owner and President of Southernstar Consultants LLC. Southernstar Consultants provides one and two day practical training courses in understanding and negotiating construction contracts, in addition to providing other professional services to US and international engineering and construction companies. He retired in 2001 from Chicago Bridge & Iron Company after 32 years of service. His last position was Vice President and Area Director of Sales and Marketing for Asia, located in Singapore where he was responsible for area sales, marketing and contracting, and for the general management of area subsidiaries. He has extensive US and international experience in the development, sales, contracting and construction of turnkey oil, gas, refining, chemical, power and LNG projects. He has 13 years of management, sales, engineering, construction and contracting experience in Thailand, Malaysia, Singapore, Indonesia, the Philippines, Japan and the Peoples Republic of China. He is a graduate of the University of Illinois with a Masters Degree in Mechanical Engineering.
He has had successful US and international sales, contracting, claims settlement, dispute resolution and EPC project development experience with a broad range of major companies such as: Bechtel, Kellogg Brown & Root, Fluor, J.A. Jones, Black & Veatch, DuPont, Shell Oil, Caltex, Exxon/Mobil, BP/Amoco/ARCO, Air Products and Chemicals, Koch Industries, Florida Power and Light, Chiyoda Corporation (Japan), Japan Gasoline Corp., Mitsui (Japan), Mitsubishi Heavy Industries (Japan), Petronas (Malaysia), Thai Oil Company, Pertamina (Indonesia), SINOPEC (Peoples Republic of China), Van Ommeren (Holland), McConnell Dowell (Australia), Thiess Contractors (Australia), Sembawang Corp. (Singapore), Voest-Alpine (Austria), Daelim (Korea) and Hyundai (Korea).
J.T. Wodarski
Regional Business Development Manager
Matrix Service, Inc.
J.T. (Jay) Wodarski is the Gulf Coast Regional Business Development Manager for Matrix Service Inc. and based in Houston, Texas. Matrix Service Inc. is the merit shop subsidiary of Matrix Service Company and is a multi-faceted industrial contractor involved in providing construction services and repair and maintenance services to the downstream petroleum and power markets. Cornerstones of the business are aboveground storage tanks, plant maintenance, electrical and instrumentation as well as design and construction of specialty structures like: LNG, LOX, LIN, propane and butane structures storing product in high pressure spheres and/or low pressure refrigerated tanks; thermal vacuum chambers; chimney liners and egg shaped digesters, among other plate steel structures. Jay retired from Chicago Bridge & Iron Company in 2003 after almost 34 years of primarily working in the business development and contracting side of their business. He resumed his career in 2004 with Mitsubishi Heavy Industries as the Director of LNG Sales in the U.S. until they left the market in 2007. Since, he has held the above position with Matrix Service.
Jay’s career has provided him exposure to multi-cultures and the full range of clients from small local companies and the large international EPC houses and has provided him contracting opportunities on six continents in numerous markets from small tank repairs to export and import LNG facilities. Mr. Wodarski graduated from the University of Detroit with a Bachelor of Science Degree in Civil Engineering and is a Registered Professional Engineer in the State of Illinois.