Contracts and Key Contract Provisions for Construction Industry Managers

This Skill Bit shows that construction contracts are essential legal agreements outlining project details, responsibilities, and dispute resolution. Key elements include clearly defined scope of work, terms & conditions, and roles for all parties. The text also highlights important provisions like change orders, dispute resolution methods, and force majeure clauses for unexpected events.

Duration approx. 4 Min.

Tier: basics

A part of Key Strategies for Contract and Claims Management in Dynamic Projects course.