Washington DC (PRWEB) September 12, 2012
Next week, WPL Publishing will sponsor a webinar to help professionals in the construction community understand and address issues relating to the guaranteed maximum price (GMP) format of project delivery.
As owners have searched for project-delivery systems that reduce the time it takes to get from the conception of a construction project to its completion, one of the most common approaches has been to use GMP contracts. As the use of GMP contract formats has proliferated, so have disputes. The nature of many of these disputes strongly suggests that the parties using them do not fully grasp the differences between GMP contracts and other contracts that users are accustomed to working under, comprehend the risks that are inherent to this delivery system, or understand the additional administrative burden accompanying the use of the GMP format. The webinar will help attendees resolve these problems. To register for the 90-minute event, scheduled for Thursday, Sept. 20, 2012, at 1:00 p.m. (EDT), visit http://tinyurl.com/bugqme2.
The webinar is designed to help attendees do the following:
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/bugqme2.
WPL Publishing Co., Inc. provides expert training, education, and development resources for the construction industry via live webinars and its ConstructionPro Network website (http://www.ConstructionProNet.com). Through ConstructionPro Network, WPL publishes the independent newsletter ConstructionPro Week, providing news, analysis, and insightful commentary about recent developments involving construction law, green buildings, building information modeling, and various construction managerial technologies and techniques.