WASHINGTON, Feb. 2, 2010 -- Understanding the terms in construction-related contracts can lessen a company's contractual risks and liabilities and help ensure a positive cash flow that can keep the company in business.

To help construction managers, contractors, subcontractors, consultants, and attorneys understand these terms, WPL Publishing has partnered with construction attorney John Darling for an interactive webinar entitled "Construction Contracts: The 10 Most Important Terms." To register, visit http://tinyurl.com/ybjn8sn.

In this interactive webinar, scheduled for 1 p.m. on Weds., Feb. 10, Darling will discuss the following contract terms:

• Payment Application Provisions
• Contract Time Extensions and Compensations Thereto
• No Damages for Delay Clauses
• Changes and Change Order Provisions
• Termination for Convenience and for Cause Provisions
• Scheduling Provisions
• Insurance Provisions
• Right to Withhold Payment or Performance Provisions
• Liquidated Damage Provisions

Webinar attendees can learn the black letter law and how to draft around it. Through this webinar, they can gain a comprehensive understanding about the 10 most important construction contract provisions and how, through appropriate drafting, they can maximize risk-shifting efforts. The webinar is tailored for those responsible for construction contract negotiations -- either for their own companies or for their clients.

In addition to a detailed discussion about each of these contract clauses, a 10-to-15 minute period has been reserved at the end of the presentation for an interactive question-and-answer session so that attendees can get answers to your specific questions about how each of these 10 contract terms can help protect their organizations when signing contracts.

Darling is a shareholder with Pasadena, Calif.-based Hunt, Ortmann, Palffy, Nieves, Lubka, Darling & Mah Inc. He is a past chair of the Los Angeles County Bar Association's Subsection on Construction Law. 

Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one price. To register, visit http://tinyurl.com/ybjn8sn.

WPL Publishing Co., Inc. produces four construction newsletters: Construction Project Controls & BIM Report (www.projectcontrols.com), Construction Claims Advisor (www.constructionclaims.com), Green Building Insider (www.greenbuildinginsider.com), and Construction Advisor Today (www.constructionadvisortoday.com). The company also hosts webinar series on topics relevant to the construction industry. WPL is on Twitter at CAT_Online.

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