Owners and contractors are facing uncertainty in the market and it’s impacting timelines and budgets. This presentation will consider the key principles for project success and how project contracts are changing in response to this market uncertainty. The discussion will focus on how to use your contracts to ensure all parties are positioned to effectively navigate the bumps that inevitable arise on the road to project completion including:

• Trends in Project Delivery Methods
• Changes to Payment Terms, including Price Escalation Clauses
• Contract Risk Allocation Terms, including Delay and Force Majeure Clauses