Understanding and Negotiating Subcontracts on NCDOT Construction Projects (in person)
To aid typical NCDOT subcontractors in understanding typical subcontract provisions, what provisions can/should be negotiated with upstream parties (e.g. prime contractors and other subcontractors), and strategies for appropriately approaching the initial subcontracting process.
Key Takeaways :
a. Overview of the subcontracting process and key documents, including NCDOT Subcontractor Approval Form and NCDOT specifications, plans, special provisions, and the hierarchy of governance.
b. Understanding, negotiating, and complying with key subcontract provisions, including:
i. Definitions
ii. Flow down clauses
iii. Time provisions (including durations, scheduling, delays)
iv. Payment terms (including pay-if-paid/pay-when-paid and prompt payment rights)
v. Change orders
vi. Terminations
vii. Dispute resolution
Speaker(s):
Co-Sponsor(s): NC DOT Office of Economic Opportunity and Compliance
Fee: No Cost