Terminating a Construction Contract: Legal Issues and Considerations
Understand the risk of terminating a construction contract and why it is a last resort.
Sometimes your only option is to terminate the construction contract on a project. Perhaps every chance at dispute resolution has failed. Maybe the material breaches by one party will never be resolved by remedies or damages recoverable under the contract, or maybe subcontractor liens on the project have caused irreconcilable differences between the owner and general contractor. Whatever the reason prompting termination of a construction contract, there are important legal issues and considerations to keep in mind. Termination, after all, affects everyone on the project. This course will address contract termination from the perspective of owners, developers, contractors, and design professionals. First, we will discuss the risk of terminating a construction contract and why it is legally a last resort. Second, we will look at contract clauses and terms that specify termination rights and remedies. Finally, we will conclude the program by identifying the best way to terminate a construction contract. The material will offer some case examples to consider with familiar circumstances to all working in the construction industry.
Upcoming start dates
- Self-paced Online
Who should attend?
This live webinar is designed for construction managers, engineers, project managers, contractors, subcontractors, construction professionals, presidents, vice presidents, developers, architects, and attorneys.
Termination – a Last Resort on the Project
- Termination Risks and Remedies
- Standard and Popular Termination Terms
- Default and Material Breach
How to Terminate the Right Way
- Notice and Cure Opportunities
- Legal Defenses
- Termination Damages
What Does Case Law Say About Termination?
- Contractor Wins
- Owner Wins
- Termination Ineffective
Certification / Credits
Credits: AIA ,CLE, ENG
- You will be able to define what it legally means to terminate a construction contract.
- You will be able to describe the benefits and consequences to terminating a construction contract.
- You will be able to discuss risks and remedies from contract termination.
- You will be able to explain the right and wrong way to terminate a construction contract.
Contact this provider
Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...