Description
Canadian Construction Contract Essentials
Refund Policy
There is no refund on purchased PINs
For contactors and anyone involved in procurement and contracting within a construction company. Gain a basic and practical understanding of Canadian construction contract and subcontract essentials.
Click here to download the fact sheet for this course.
.
Credits/Certificates
A final mark of 100% is required in order to receive a certificate of completion. This course has been accredited by the following programs:
- This course has been accredited by the Canadian Construction Association (CCA) to one (1) credit towards Gold Seal Certification upon successful completion of this course. A final mark of 100% is required in order to receive a certificate of completion.
Objectives
By the end of this course you will:
- Understand what a contract is from a legal standpoint and what makes it valid and enforceable.
- Know some key legal principles regarding general contracts and construction contracts.
- Understand why contracts are important in the construction process.
- Learn the difference between a “bidding” contract and the actual construction contract.
- Be able to discern the difference between a letter of intent, a purchase order, and a construction contract.
- Learn about a major cause of construction disputes and why standard industry contract forms can reduce the risk of such disputes.
- Know the different types of construction contracts in terms of project delivery and pricing methods.
- Understand the structure, approach, and key provisions in a typical stipulated/fixed-price or lump-sum construction contract and subcontract.
- Know how to read and understand a typical construction contract and subcontract.
Structure and Workload
This course consists of 8 lessons of approximately 35 minutes duration each, for a total of about 5 hours of self-paced instruction.
Refund Policy
There is no refund on purchased PINs
OSCTS