Industry Insights - Managing Rising Costs in Construction Contracts

Rising costs continue to put pressure on construction projects, contracts and cash flow.

In this webinar, Kathryn Wallace will talk through the practical contract issues construction businesses should be reviewing now, from rise and fall clauses and provisional sums through to insurance, termination rights and dispute resolution.

This session is designed to give attendees a clearer view of where risk may sit in their current contracts, what options may be available when costs keep rising, and what protections are worth building into new agreements.

What can you expect to learn from this session:

1. Managing risk in your current contracts: The key clauses to review now and where there may be scope to better manage rising costs.
2. Ability to exit contracts: The practical and legal considerations where a contract is no longer workable.
3. Insurance: The areas of cover worth reviewing when cost increases, delays or supply chain issues start affecting delivery.
4. Cost savings opportunities: Practical ways to reduce cost pressure through procurement, planning and project delivery.
5. New contracts: The protections and provisions worth building in from the outset to better manage future cost increases and disputes.