Anticipate the objections that construction guarantees and bonds will attract internally and answer them in advance.
Managing Guarantees and Bonds in Construction Projects
Learn to design, measure and defend your organisation's approach to construction guarantees and bonds.
📍 Abu Dhabi🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Legal exposure on construction guarantees and bonds accumulates through routine decisions taken without advice. Ambiguity in guarantees and bonds is resolved against the party that drafted it. It is written for people who have to make this area of legal and contractual practice work with the resources they already have. The teaching approach is deliberately practical: participants build a contract template for construction guarantees and bonds as they go. Participants finish able to explain the practice within legal and contractual practice to a non-specialist audience without losing precision. Most organisations already have a policy on guarantees and bonds; far fewer can show it working. It concentrates on the parts of construction guarantees and bonds that determine outcomes and treats the rest proportionately. Post-incident reviews keep identifying weaknesses in guarantees and bonds that were visible long before the incident. The closing exercise tests whether the participant's plan for the legal and contractual practice capability survives a hostile question.
Expected Learning Outcomes
Structure guarantees, bonds and security supporting guarantees and bonds.
Set acceptance criteria for construction guarantees and bonds before work begins rather than after.
Plan termination and exit from guarantees and bonds without avoidable liability.
Manage variations and change to construction guarantees and bonds without losing contractual position.
Establish what evidence would demonstrate that guarantees and bonds is under control.
Standardise recurring terms on construction guarantees and bonds while preserving necessary flexibility.
Who Should Attend
Commercial and procurement managers negotiating construction guarantees and bonds.
Managers of multi-site operations seeking consistency in guarantees and bonds.
Contract managers and administrators responsible for construction guarantees and bonds.
In-house counsel and legal advisers handling guarantees and bonds.
Engineers and technical staff whose records support claims under construction guarantees and bonds.
Coordinators responsible for keeping records and documentation of guarantees and bonds current.
Course Modules
Construction guarantees and bonds: dispute resolution and forum selection
2 sessions · 8 pointsSession 1Building the contemporaneous record supporting construction guarantees and bonds
- Set the review interval for construction guarantees and bonds and who attends.
- Identify the compliance obligations guarantees and bonds triggers and who tracks them.
- Agree what will be standardised in construction guarantees and bonds and what will not.
- Close out actions on guarantees and bonds rather than leaving them open indefinitely.
Session 2Security and payment protection within guarantees and bonds
- Name a single owner for each element of construction guarantees and bonds.
- Build the competence framework that supports guarantees and bonds.
- Maintain a contract register capturing key dates and obligations in construction guarantees and bonds.
- Define the termination triggers in guarantees and bonds and the consequences of each.
Guarantees and bonds: termination, exit and residual obligation
2 sessions · 8 pointsSession 1Negotiating guarantees and bonds knowing your walk-away point
- Confirm signature authority for construction guarantees and bonds against the delegation matrix.
- Handle each variation to guarantees and bonds in writing, with price and time consequence agreed.
- Rank the weaknesses in construction guarantees and bonds by consequence rather than by ease of fixing.
- Prepare the claim narrative for guarantees and bonds while the facts are fresh.
Session 2Handling variations to guarantees and bonds without losing position
- Confirm bonds, guarantees and insurance supporting construction guarantees and bonds are valid and current.
- Identify where judgement in guarantees and bonds is legitimate and where it is not.
- Standardise recurring clauses in construction guarantees and bonds into an approved template.
- Review the definitions in guarantees and bonds for terms doing heavy commercial work.
Guarantees and bonds: drafting and deliberate risk allocation
2 sessions · 8 pointsSession 1What to measure in guarantees and bonds and what to ignore
- Establish who administers construction guarantees and bonds day to day once it is signed.
- Identify single points of dependency in guarantees and bonds and reduce them.
- Map the handovers in construction guarantees and bonds between functions and secure them.
- Identify which party bears each material risk under guarantees and bonds, and whether that is intended.
Session 2Making construction guarantees and bonds work when resources are constrained
- Reduce the variation in how construction guarantees and bonds is carried out between teams.
- Review whether guarantees and bonds is aligned with the objectives of the contract portfolio.
- Set out the decisions in construction guarantees and bonds that require sign-off and by whom.
- Review closed contracts on guarantees and bonds for lessons before drafting the next one.
Guarantees and bonds: administration during performance
2 sessions · 8 pointsSession 1Confidentiality and intellectual property inside guarantees and bonds
- Arrange the handover of construction guarantees and bonds so capability survives staff changes.
- Record the reasoning for any departure from the standard position on guarantees and bonds.
- Establish who is informed, consulted and accountable in construction guarantees and bonds.
- Diarise every notice period and time bar in guarantees and bonds.
Session 2The hard cases in guarantees and bonds and how to reason about them
- Prepare the response for the most likely failure in construction guarantees and bonds.
- Apply data protection requirements to personal data handled under guarantees and bonds.
- Record contemporaneous evidence of performance under construction guarantees and bonds as it happens.
- Decide what will be stopped to create capacity for guarantees and bonds.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
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