Understanding Construction Management Agreements Part 4: Insurance and Liability
1h 2m
Created on December 10, 2021
Intermediate
Overview
This program is part 4 of a four-part series of programs designed to foster a comprehensive understanding of construction management agreements (CMAs) for attorneys and other professionals engaged in the construction industry. Part 1 covers pricing (cost plus, GMPs and stipulated sums); Part 2 covers scheduling; Part 3 covers defects and damages; and Part 4 will cover insurance and liability. The faculty will consist of construction attorneys and consultants, and both technical and legal aspects of the construction process will be presented.
Part 4 is moderated by Kenneth M. Block, Chair of the Construction Law Practice at the New York City firm of Tannenbaum Helpern Syracuse & Hirschtritt LLP with speakers Brandon Reiner, a senior associate at Tannenbaum Helpern, and Craig K. Barnet, a principal of MSG Insurance and Risk Management.
Learning Objectives:
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Explain the nature of claims which may arise under a CMA
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Discuss an owner's remedies for first and third party claims
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Understand insurance coverage for claims
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Discuss property and liability insurance
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Analyze contractors' remedies under the CMA
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