American Council of Engineering Companies of Oregon

Event Calendar

Wednesday, March 3, 2021

Risky Business: Contract Negotiation to Protect Profitability (5302)

Start Date: 3/3/2021 9:00 AM PST
End Date: 3/3/2021 10:30 AM PST


Organization Name: ACEC Oregon

Contact:
Gracie Doherty
Email: Gdoherty@acecOregon.org
Phone: (503) 292-2348

Risky Business:
Contract Negotiation to Protect Profitability

Professional service agreements constitute the foundation for consulting engineering practice. But not all firms use appropriate and protective contract forms. Even those who do may face opposition by prospective clients or their attorneys. And onerous contract language can threaten the very viability of the engineering firm. New challenges are appearing and language proposed in client-developed contracts may significantly change the status, duties, compensation, and contractual and professional liability risks of engineering firms.

This webinar will explain the difference between contractual and professional liability and look at the importance of clear, reasonable, and coordinated contractual provisions. In addition, the program will analyze provisions of non-standard professional services agreements and examine the changing contractual issues caused by recent challenges including the Covid-19 influence on professional services, the evolving standard of care related to concerns over climate change, and other contractual developments that threaten the traditional practice of consulting engineering firms.
 
Who Should Attend? This session is essential for anyone in a firm who wants to negotiate effective and fair contracts that enable engineers firms to meet client needs and practice profitably.

ABOUT THE PRESENTERS
Frank Musica, Esq.
Risk Man
agement Consultant
Victor Insurance Managers, Inc. 
Frank Musica is a graduate of the College of Engineering of the University of Notre Dame. After working for design firms in Chicago, he returned to Notre Dame to teach and to obtain both a Masters in Business Administration and a law degree. Following a decade of practice in architecture, engineering and planning--including serving as in-house legal counsel in the management of an international design firm--Frank held staff positions in the national professional organizations for architects and engineers before joining the Victor risk management program. 

 
Nahom A. Gebre, Esq., P.E.
Risk Management Consultant
Victor Insurance Managers, Inc. 
Nahom Gebre is a registered professional engineer who practiced civil engineering prior to his involvement with risk management issues. His background includes service as in-house counsel and project manager for a large engineering firm.Nahom received his Bachelor of Science in Civil Engineering from Washington University and his Juris Doctor from Tulane University Law School.
 
Nahom and Frank provide educational and management assistance services to Victor Insurance and CNA policyholders. In addition to their years in the practice of engineering, they have a combined 40 years of experience in providing risk management services. The Victor risk management program develops guidance from its base of professional liability claims information and looks ahead at changes in the marketplace for professional services, in the legal treatment of design professionals, and in the interaction between technological and information management advances and practice management techniques and responsibilities.
 
In addition to working directly with policyholders, both Nahom and Frank interact with associations, government agencies, and clients of the design industry, and create serial and special interest publications on risk management techniques including webinars, blog posts for VictorRiskManagement.blog, and website publications for www.VictorInsuranceUS.com/School-of-Risk-Management.


COST
  • Members - $150 per person (if your firm is a member then you are a member) 
  • Non-members - $250 per person 

SCHEDULE
  • 9:00 a.m. - Program begins
  • 10:30 /10:45 a.m. - Conclusion + Q&A 

WHERE
Your desktop

CPDs
This class is good for accruing one and a half (1.5) continuing professional development credits

CANCELLATION POLICY
Cancellations must be received by Friday, February 26, 2021. 

Online Registration

Registration is Closed
Closed: 3/1/2021 10:00 AM

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