Studies have suggested that as much as 25 to 30 percent of a construction project’s cost is actually wasted due to a stilted design and construction process. The best chance to favorably impact the ultimate cost of a project is in the early design and planning stages.
The more contractor and vendor input present in the initial design phase, the greater the chance to catch issues and clashes before they go into construction, when it is more expensive to fix. Integrated project delivery (IPD) holds the promise of improved project performance leading to lower costs for all participants. However, the increased collaboration and cooperation must be carefully thought out so project participants don’t become vulnerable to undo risk.
During this webinar, expert presenters from specialty insurance brokerage Ames & Gough and the law firm of Donovan Hatem LLP will address the changes that must take place in the delivery process and how to effectively manage the legal and insurance risks brought about by these changes. |
Studies have suggested that as much as 25 to 30 percent of a construction project’s cost is actually wasted due to a stilted design and construction process. The best chance to favorably impact the ultimate cost of a project is in the early design and planning stages.
The more contractor and vendor input present in the initial design phase, the greater the chance to catch issues and clashes before they go into construction, when it is more expensive to fix. Integrated project delivery (IPD) holds the promise of improved project performance leading to lower costs for all participants. However, the increased collaboration and cooperation must be carefully thought out so project participants don’t become vulnerable to undo risk.
At this webinar, expert presenters from specialty insurance brokerage Ames & Gough and the law firm of Donovan Hatem LLP will address the changes that must take place in the delivery process and how to effectively manage the legal and insurance risks brought about by these changes.
Our experts will address:
- How IPD delivery is different from design-build and design-bid-build models
- The additional risks IPD creates for designers, contractors, and owners
- Whether IPD can be used without building information modeling
- When the legal risks may be greater for designers and contractors
- Whether a traditional practice-type insurance program is sufficient to cover all the risks IPD creates
This presentation is tailored to:
- Show what changes must take place in the interaction of project participants in order to have success in IPD
- Describe the new duties IPD and its technology creates on a project
- Discuss who is in the best position to assume these new duties
- Identify what new risks IPD brings to design professionals, contractors, and owners
- What specific changes to make to contract clauses to address these new areas of risk
- Provide a model of an insurance program effective for use on IPD projects
Who Should Attend?
- Project owners
- Project managers
- Principals of architectural, engineering and construction firms,
- Law firms that assist contractors, designers, and building owners
- Insurance underwriters, and brokers
|
Matt GoughVice President & PartnerAmes & Gough Matt provides service to a group of mid-size design-firm clients, as well as managing Ames & Gough’s contractors program. He also conducts risk-management seminars for clients and industry trade associations. Matt began his career in the firm’s Boston office in 2001, and he transferred to its Washington, D.C., office in 2003. He is a 1998 graduate of the University of South Carolina.  Michael Herlihy, ARMExecutive Vice President & PartnerAmes & Gough Mike is a senior partner responsible for serving the needs of Ames & Gough’s large architecture and engineering national clients. He is a recognized expert on professional liability risk-management issues affecting design professional firms. He often provides loss control and risk-management seminars for Ames & Gough’s clients, as well as national and regional industry groups. Mike chairs the ACEC/MA Risk Management Forum and serves on ACEC’s Federal Agency Procurement Committee. He also runs the firm’s Boston office. Mike joined Ames & Gough in 1999 after a lengthy career with Lexington Insurance Company. He was the Senior Vice President for Lexington Insurance Company’s Construction Services Division. Mike was responsible for the underwriting and risk-management services provided to numerous architecture and engineering firms worldwide. He has extensive experience underwriting many of ENR’s Top 50 Design Firms and the country’s largest construction projects. He created Lexington’s Design Firm Risk Management Department in 1996. Prior to joining Lexington in 1982, he was a Senior Underwriter at Continental Insurance Company. Sue E. Yoakum, AIA, Esq.
Of Counsel
Donovan Hatem LLP
Sue E. Yoakum, Of Counsel at Donovan Hatem LLP, is an attorney and a licensed architect with over 25 years of domestic and international experience in design and construction. Sue focuses her practice assisting design professionals by providing contract reviews, risk management evaluations, claims monitoring and other related legal services for design professionals. She frequently speaks on issues of professional liability for design and construction management professionals. Her seminars subject include; working internationally, Building Information Modeling (BIM), Integrated Project Delivery (IPD) procurement, risk management and contractual issues. She has authored articles relating to the defense of design professionals. Most recently, she has contributed to a new book, Megaprojects: Challenges and Recommended Practices, scheduled for publication in 2010 by American Council of Engineering Companies. Prior to pursuing her legal career, Sue practiced architecture for a decade with a focus on sport projects.
Sue’s selected international project list includes; New Wembley Stadium (London, England); Millennium Dome (London, England) Algarve Stadium (Faro, Portugal); Benfica Stadium (Lisbon, Portugal); and Suncorp Stadium (Queensland, Brisbane, Australia). Her selected United States project list includes Gillette Stadium, Arizona Cardinals Stadium, Surprise Recreation Campus, Great American Ballpark, and St. Louis Cardinals Baseball Stadium. In addition, she has served as General Counsel for a real estate development company located in Prague, Czech Republic, where she was responsible for a multi-national legal department. |
|
