Knowles/NSAN - Successfully administering an NEC 3 Contract - Haydock

25th June 2015 from 9:00 - 16:30   Download to calendar

Course Overview: This particular form of contract is becoming increasingly popular with Employers and is perceived to be a contract that stimulates

effective Project Management. It was the chosen contract to deliver the London 2012 Olympic Games.

The NEC 3 contract is different from other standard forms as its conditions focus on managing risk, and assessing the cost and time

effects of change at the time of the event. As such, the valuation of change is very different, in that the effects of compensation events have

to be forecast. If this contract is not administered properly, it can cause significant problems for contractors and employers alike if

‘claims’ are advanced retrospectively at the end of the Project.

Course Content

Background of the NEC 3 and essential principles

The essential contract documents

Risk Management – a practical guide

Completing the Contract Data (a worked example)

Works and Site Information

Contractor’s responsibilities

Time including submission of revised programmes

Performance testing and defects

Payment (covers different main options)

Compensation events (notification, quotations

and assessment)

Risks and insurances

Termination

To reserve your place please email: seminarsnw@jrknowles.com or telephone 01928 756500 - Alternatively  download a booking form here

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