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Construction Contracting Rules and Regulations

RC 200W

Construction Contracting Rules and Regulations

RC 200W

Course Description

Prerequisite: A "C" grade or better in a college level composition I course. Introduces contracting laws, rules, and regulations as they apply to residential builders. Covers builder's law, builder's license, insurance, deeds and abstracts, loans and land development. (45-0)

Outcomes and Objectives

Understand the major business ownership types.

Objectives:

  • Describe the various ownership forms
  • Choose the business form for sample businesses
  • Analyze the business form right for the individual

Evaluate the various contract types.

Objectives:

  • Discuss the multiple contract forms
  • Surmise the weaknesses of the of the various forms

Examine the use of surety bonds.

Objectives:

  • Differentiate between payment and performance bonds
  • Discover the process of surety bonds acquisition of project
  • Illuminate weaknesses of bonding

Utilize construction codes in reference to construction practices.

Objectives:

  • Examine common construction codes
  • Interpret constructions codes as applied to different situations
  • Identify codes pertinent to sample cases

Analyze the various construction insurance types.

Objectives:

  • Discuss mandatory versus necessary insurance's
  • Analyze insurance for gaps and or overlaps in coverage
  • Design a system of risk management

Compile a construction company policy statement.

Objectives:

  • Define the purpose of policy statement
  • Develop a list of pertinent policy elements
  • Examine each policy element as to its audience and purpose
  • Evaluate the legal ramifications of the policy manual

Prepare for the Michigan Builders License Test.

Objectives:

  • Investigate the construction lien act
  • Overview Michigan Occupational Codes
  • Sign-up data for the Michigan Builders Exam
  • Practice sample state questions