Understanding and Negotiating Construction Contracts Workshop 

A four-hour intense workshop examining typical risky commercial terms and conditions found in construction and construction related contracts.

Topics covered:

Scope of Work – Thorough and detailed, major cause of claims and disputes.

Schedule – Time is of the essence?

Terms of Payment – Positive only.  Paid When/If Paid

Letters of Intent – How best to draft

Indemnities – High risk.  How to defuse.  Anti-Indemnity legislation.

Insurance – Complex.  How to understand.  Additional insured status -Danger!!

Changes – How to draft/revise to be acceptable.

Dispute Resolution – How to draft/revise to be acceptable.

Damages – Actual, Liquidated and Consequential

Warranty – What’s covered.  What’s not.  Implied/inferred warranties are risky.

Waivers of Liens – Only for mechanic’s and materialmen’s liens, nothing else.

Negotiation – How to be a good, effective negotiator for terms and conditions.

Learn how to review and understand the consequences of accepting risky commercial terms and conditions in you contracts.  Learn how to revise them to defuse the risk.

PROTECT THE HARD-EARNED ASSETS OF YOUR COMPANY THROUGH GOOD COMMERCIAL CONTRACTING!

This course is taught by Mr. Kit Werremeyer, Chairman, SCORE Chapter 203, Tampa, Florida.  40 years’ experience negotiating construction contracts in the US and internationally.  His resume’ is attached (link to resume).

Remember this: “There is no price for bad terms.”

Kit Werremeyer 

President/Owner – Southernstar Consultants LLC

Chairman – SCORE Chapter 203 Tampa, Florida 

Kit Werremeyer has been with the Tampa Chapter of SCORE since 2003 and is currently Chairman.  SCORE provides free mentoring to start up and existing small businesses and holds various workshops on business issues.  He 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 (CBI) 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 had profit and loss responsibility for the region and was responsible for area sales, marketing and contracting, and for the general management of six regional CBI subsidiaries.  He has extensive US and international management experience in the development, sales, contracting, engineering, procurement and construction of turnkey oil, gas, refining, chemical, petrochemical, 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 at Urbana-Champaign with degrees in Business and Engineering and is a US Army veteran, serving in the US and Vietnam.