How the Base Date Impacts Projects
The base date is a fundamental term in construction contracts that plays a pivotal role in determining risk allocation between the contracting parties. Despite its simplicity, it holds significant implications for pricing, project timelines, and contract administration. Here’s an in-depth look at what the base date is, why it matters, and how it operates within the framework of construction agreements.
What Does This Course Entail?
One Video
One Detailed Transcription
Key Points
One Quiz
How Long Will This Course Take?
20 minutes
