Commercial awareness for construction professionals
Construction Study Centre
Duration: 1 Day
£280
(Group booking discounts available)
Detailed information
| Duration: | 1 Day |
|---|---|
| Price: | £280 (Group booking discounts available) |
| Type: | Courses |
| Method: | In a classroom |
| Accreditation: | Construction CPD Service accredited |
| Prepares for: | Setting up or administering construction contracts |
| Geared towards: | Construction professioanls such as architects, engineers, quantity surveyors, managers and whether employed by employers, contractors or subcontractors. |
| Requirements: | Understanding of construction industry |
| Students per class: | 20 |
Do you need further information?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course program
COURSE BACKGROUND
This 1 DAY COURSE will help those in the industry consider issues having a significant impact on the commercial outcome of projects. The subject matter includes setting the contract up and settling major risk issues such as price and scope, and then reviewing things which regularly come under scrutiny in the harsh climate of a recession such as design responsibility, variations and valuing changes, letters of intent and time and money differences.
The course is suitable for all those involved in setting up or administering construction contracts including architects, engineers, quantity surveyors, managers and whether employed by employers, contractors or subcontractors.
SPEAKERS’ PANEL
The speaker for each course will be from a panel of Ryland Ash and Nigel Clayton.
OVERVIEW
Getting into contract
• What is a contract – the essential elements
• What form might it take – documents
• Procurement routes and strategy
• Contract arrangements
• Contracts and subcontracts
• Scope and risk
• Negotiation
• Setting the price
• What are the terms?
The contract
• Contracting characteristics
• Entering the contract
• Link with other contracts
• Collateral warranties
Design
• What is design?
• Standard of care
• Expressed requirements
• Drawing submission procedure
• Novation
Managing the contract
• Record keeping – generally
• Record keeping – practical pointers
• Administration and paperwork
• Notices and communications
Contract mechanisms
• Variations – scope and nature
• Valuing of variations
• Payment – timing and quantum
• Suspension
• Termination
Dealing with site problems – monetary claims
• Claims
• Breach of contract
• Damages
• Compensation
• Ascertainment
• Heads of claim
• Loss and/or expense and/or cost
Dealing with problems – extension of time, liquidated / unliquidated damages
• Extensions of time
• Liquidated damages
• Delays
• Assessing delays
The New Construction Act
Brief Review of the Local Democracy, Economic Development and Construction Act 2009 and its impact on payment and adjudication provisions.
This 1 DAY COURSE will help those in the industry consider issues having a significant impact on the commercial outcome of projects. The subject matter includes setting the contract up and settling major risk issues such as price and scope, and then reviewing things which regularly come under scrutiny in the harsh climate of a recession such as design responsibility, variations and valuing changes, letters of intent and time and money differences.
The course is suitable for all those involved in setting up or administering construction contracts including architects, engineers, quantity surveyors, managers and whether employed by employers, contractors or subcontractors.
SPEAKERS’ PANEL
The speaker for each course will be from a panel of Ryland Ash and Nigel Clayton.
OVERVIEW
Getting into contract
• What is a contract – the essential elements
• What form might it take – documents
• Procurement routes and strategy
• Contract arrangements
• Contracts and subcontracts
• Scope and risk
• Negotiation
• Setting the price
• What are the terms?
The contract
• Contracting characteristics
• Entering the contract
• Link with other contracts
• Collateral warranties
Design
• What is design?
• Standard of care
• Expressed requirements
• Drawing submission procedure
• Novation
Managing the contract
• Record keeping – generally
• Record keeping – practical pointers
• Administration and paperwork
• Notices and communications
Contract mechanisms
• Variations – scope and nature
• Valuing of variations
• Payment – timing and quantum
• Suspension
• Termination
Dealing with site problems – monetary claims
• Claims
• Breach of contract
• Damages
• Compensation
• Ascertainment
• Heads of claim
• Loss and/or expense and/or cost
Dealing with problems – extension of time, liquidated / unliquidated damages
• Extensions of time
• Liquidated damages
• Delays
• Assessing delays
The New Construction Act
Brief Review of the Local Democracy, Economic Development and Construction Act 2009 and its impact on payment and adjudication provisions.
Do you need clarification regarding the course program?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course location
- The Bristol Conference Centre, The Wylands, Lower High Street, Shirehampton - BS11 0DCity of Bristol (England)
- The Chartered Institute of Arbitrators, 12 Bloomsbury Square - WCIA 2LGreater London (England)
- Manchester Hilton Airport Hotel, Outwood Lane, Manchester Airport - M90 4WPCity and Borough of Manchester (England)
Construction Study Centre
We provide high quality training on all areas concerning Construction and Property Professionals. No matter if you have a team of Quantity Surveyors who need to get up to speed on the latest NEC 3 contract or a facilities manager who wants to act as a CDM Co-ordinator we have the training course for you.
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