Washington, DC (PRWEB) June 04, 2011
Later this month, WPL Publishing will host a webinar to help professionals in the construction community understand how joint ventures can work for them.
Webinar attendees will learn why, in an industry that is filled with fiercely competitive and independent-minded risk-takers, competitors often come together to form joint ventures to pursue and perform work on construction projects in the United States and abroad. The event will explore this paradox, and attendees will learn both why it is happening and how they can take advantage of such arrangements. To register for the 90-minute webinar, scheduled for Wednesday, June 15, 2011, at 1:00 p.m. (EDT), visit http://tinyurl.com/3synheo.
The webinar, entitled “The Fundamentals of Joint Ventures in Construction,” will address the following questions:
- Why are there so many more joint-venture bids?
- How is the adverse economy driving this phenomenon?
- How do owners, contractors, and sureties view joint ventures?
- What are the unique management challenges presented by joint ventures?
- How might joint ventures benefit a business?
- What are the “basics” of joint ventures?
- What are some common risks that are inherent in joint venturing?
- How can those risks be managed?
The webinar will include an examination of joint ventures from the perspectives of owners, contractors, and sureties and describe how this form of association may or may not benefit each of these types of professionals.
The webinar additionally will help attendees understand the following:
- What “joint and several liability” is and why attendees need to learn about the term.
- What attendees should expect from sureties and what “cross-indemnity” means.
- What attendees should look for in a joint-venture partner.
- What could possibly go wrong.
Addressing attendees will be Trauner Consulting Services Inc. Director Richard Burnham, a construction industry executive and attorney. He brings years of hands-on experience with all types of projects and a spectrum of contract delivery methods from various perspectives.
Following Mr. Burnham’s presentation, there will be an interactive 10-to-15 minute question-and-answer session addressing relevant topics.
Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one low price. To register, visit http://tinyurl.com/3synheo.
WPL Publishing Co., Inc. produces three construction newsletters: Construction Claims Advisor (http://www.constructionclaims.com), Green Building Insider (http://www.greenbuildinginsider.com), and Construction Advisor Today (http://www.constructionadvisortoday.com). The company also hosts webinar series on topics relevant to the construction industry. WPL is on Twitter at CAT_Online.
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