Canadian Construction Contract Essentials
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.
.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.
# | Lessons: |
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1 | Canadian Construction Contract Essentials |