Contracts

Managing Project Closeout: Surviving and Thriving in The Final Stages of a Project

The closing stages of a project can be the most challenging. Relationships could be tested. As a preview to BCCA’s upcoming “Guide to the Closeout of Construction Contracts and Projects”, this session will provide guidance to help facilitate closing stages of a construction contract and closeout of a project, including compliance with the BC Builders Lien Act and the Ready-for-Takeover milestone, which was introduced in CCDC 2-2020 and CCA 1-2021. There will be a detailed discussion on subcontractors and suppliers’ rights to progressive release of their holdback.

Key Topics:

Read your Contract and Use Your Contract
Project Management Best Practices
Contractual Obligations, and
Statutory Requirements (Builder’s Lien Act)

About Katy Fairley, Industry Standard Practices Consultant at BCCA

Katy is an expert and adviser on topics related to project delivery, construction contracts and procurement best practices. She promotes and advocates for fair, open and transparent construction practices as Standard Practices consultant for the BC Construction Association. Additionally, Katy has worked with public and private owners to improve project delivery by defining strategies and risk mitigation for procurement and contract administration. Previously, Katy was a vice-president for a diversified general contractor and construction manager in southern BC. She served on the Board of Directors for multiple construction associations at a local, provincial and national level.