WPL Publishing Co., Inc., publisher of ConstructionPro Network (featuring Contruction Claims Advisor), announces a valuable interactive webinar: 

 Advanced Issues in GMP Contracts
Tuesday, September 17, 2013
1:00 – 2:30 PM EDT
Approved for 1.5 AIA LUs

Presented by:
Richard E. Burnham
Director, Trauner Consulting Services Inc.

The pace of life seems to just get faster and faster, and construction projects are no exception. As owners have searched for project delivery systems that reduce the time it takes to get from project conception to project completion, one of the most common approaches has been the use of guaranteed maximum price, or GMP, contracts.

As the use of the 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 understand: (a) the differences between GMP contracts and the contracts that the users are used to working under; (b) how to manage the risks that are inherent to this delivery system; or (c) the additional administrative burden that accompanies the use of this format.

This 90-minute webinar is designed to highlight those differences and equip the attendees with the knowledge needed to both understand and manage the differences and unique risks and administrative burdens of using this format.

Attend this 90-minute, interactive webinar and you will:

  • Get an in-depth description and analysis of the advantages and disadvantages of GMP contracting
  • Understand what each of the stakeholders needs to do during each of the four phases of work that are typical when working under a GMP format
  • Use the various components of the GMP contract as tools for managing risk
  • Enhance your appreciation of the stakeholder roles during each phase of the project
  • Improve your understanding of the potential rewards and risks inherent in GMP contracts
  • Learn what should change the GMP and what should not
  • Recognize how proper contract administration will help you manage risks as the work proceeds
  • And much, much more!

In addition, a 10-to-15 minute period has been reserved at the end of the presentation for an interactive question-and-answer session so you can discuss specific issues or gain additional knowledge about topics discussed.

Meet Your Expert Instructor:

Richard E. Burnham
Trauner Consulting

Richard Burnham, construction industry executive and attorney, is director of Trauner Consulting Services, Inc. Mr. Burnham brings years of hands-on experience with all types of projects and a spectrum of contract delivery methods from a variety of perspectives. His past experience includes serving as a vice president of a major international contractor whose $1 billion-plus annual revenue included major building and heavy construction projects for both public and private clients, a senior manager of a major engineering company, an advisor to public transportation agencies and an expert witness regarding the proper administration and analysis of changes, delays, and damages.

Mr. Burnham, a former adjunct professor at a highly regarded engineering college, has lectured on litigation avoidance, analysis of construction claims, and critical path method scheduling. He holds a B.A. degree in economics from Georgetown University and received his J.D. degree from Villanova University School of Law. 

Webinar Details:

 Date: Tuesday, September 17, 2013
 Location: Your office or conference room (no need to travel!)
 Time: 1:00 — 2:30 EDT
 Price: ConstructionPro Network Membership* PLUS Webinar PLUS Audio CD
and handouts ---$395 
Best Value!
  Webinar PLUS Audio CD and handouts -- $246
  Webinar Only -- $199 
  Audio CD and handouts only -- $215 (pre-conference price)

*The ConstructionPro Network (ConstructionProNet.Com) provides weekly Construction Claims Advisor case summaries, industry news and commentary, plus a growing library of more than 32 additional recorded training programs you can download 24/7. Click here to view the complete library.

Who Will Benefit from This Program:

Owners, contractors, and engineers who are (or soon will be) working on a project using the GMP format of project delivery, and who want to enhance their practical working knowledge of GMP contracts and learn to avoid the pitfalls of this innovative project delivery format. Attorneys for owners, contractors, and engineers who want to familiarize themselves with the practical application of typical GMP contract provisions, and improve their ability to tailor GMP contract clauses to better meet the specific strengths and weaknesses of their clients.

Gather your team for maximum benefit! Your investment is for one dial-in. There is no limit to the number of participants at your location. Don’t miss out on the must-have information that will be presented – sign up today!

Can't make the September 17th webinar? Reserve your copy of the complete conference webinar/audio-CD to listen in at your convenience.

Advanced Issues in GMP Contracts

Name Date & Time Cost Select

ConstructionPro Network membership PLUS webinar
(plus CD and handouts) -
Best Value! ($395 with membership)

09/17/13 at 1:00 PM EDT



Webinar PLUS Webinar CD and Handouts 

09/17/13 at 1:00 PM EDT



Webinar and Handouts Only

09/17/13 at 1:00 PM EDT



Webinar CD and Handouts Only
(Pre-Conference Pricing)