The program will discuss the impact and ramifications from a contracting point of view of the pandemic on supply chains, material and equipment price escalation issues and Force Majeure clauses. The program will focus on real problems and how best to protect yourself with negotiated contract provisions. The program will also over multiple self-help remedies, tips and suggestions on business and contracting procedures which can assist in minimizing adverse contractual consequences.

Objectives:

• Negotiating through supply chain issues will have tremendous advantages in reducing cost and time impacts
• Handling price escalation issues upfront will minimize significant financial consequences in the end
• Learn how to properly use a Force Majeure clause

CONTINUING EDUCATION INFORMATION

* CPE Credit: 1 hours

* Prerequisite: None

* Course Level: Basic

* Advanced Preparation: None

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website

STEPHEN A. HILGER

Steve Hilger practices in the areas of complex commercial business transactions and litigation with an emphasis on construction law. He has tried many cases in multiple state and federal courts, and has appeared in several state courts of appeal, the Michigan Supreme Court, UnitedStates District Courts, United States District Courts of Appeal, the United States Supreme Court on cert and multiple arbitration tribunals across the country.

Steve is active in mediating and arbitrating complex commercial and construction law and related cases. His cases range from simple construction issues to complex commercial, municipal and industrial projects involving claims and issues in the tens of millions of dollars.

Steve is also involved in extensive contract preparation and review. He is routinely involved in extensive negotiation of transactions and agreements, as well as pre- and post-litigation mediation. The remainder of Steve’s practice involves in-depth participation in and the making of recommendations for business decisions and business strategies, as well as assisting in regulatory compliance and promoting and developing best practices.