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Using the Limitation of Liability Clause in Your Contracts (EDC17 Session)

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Price: $79.00
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Description

Program Description: This program covers the use of Limitation of Liability (LOL)/Risk Allocation provisions in AE/Owner and/or AE/Sub-consultant agreements for services, the difference between LOL and limits of insurance, as well as how to negotiate LOL with clients.

Learning Objectives: At the end of this program,participants will be able to:

  1.  Understand the risk allocation provision known as Limitation of Liability.
  2. Understand how to negotiate a fair and reasonable professional services contract with an owner. Negotiations related to limitation of liability will also include a discussion of the scope of services outlining the participants role on projects
  3. Understand how to write a limitation of liability clause as well as how to follow the AIA code of ethics guidelines when negotiating a contract.
  4. Understand how to respond to objections of the use of limitation of liability in their contract.

Speakers:  Brian Baumgardner & Eric Teske - Oswald Companies

Course Length: 1.0 hour

Note: Due to large size of file, a link will be sent via email to access the presentation after purchase.

 

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