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Osborne Clarke

Contract Drafting and Risk Management in the Construction Industry

Contract Drafting and Risk Management in the Construction Industry

This course provides an understanding of contract drafting and risk management in the construction industry. The course will cover the principles of contractual interpretation, the role of "business common sense" in contractual certainty, and the impact of statutory time periods on contractual terms.

By the end of this course, you should be able to:

  1. Understand the importance of clear drafting and proactive risk management in the construction industry
  2. Understand the significance of clarity in contract terms, particularly in the construction industry, where statutory time periods apply
  3. Examine the impact of judicial trends that emphasize "business common sense" over contractual certainty
  4. Describe the significance of taking advice from a specialist for proper risk management
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