Courses Overview:
This refreshed 1 day course provides an intensive updated overview of the full range of NEC 3 & 4 contracts for construction professionals. The course sets out the various procurement options within the NEC4 suites of documents as well as dealing with the nuances of contracting under NEC 3 & 4 forms.
NEC has become one of the foremost used forms of contract in the industry. It provides a project management solution through the whole life cycle, from concept to handover, be that in supply, professional service or works contracts
Delegates will gain an understanding of the evolution of the NEC form, and gather skills, expertise and hints to ensure the smooth running of projects.
As well as explaining the workings of the current editions the seminar identifies how previous editions evolved by explaining differences between 2nd, 3rd and 4th editions making this course suitable for those new to NEC or those with limited experience.
An appreciation and awareness of the scope of NEC 3 & 4 contracts can be pivotal to successful projects; and it can serve as advantageous background knowledge across a vast array of industries.
Benefits of this course:
Comprehend the use of the different NEC 3 & 4 forms, and their significant features
Appreciate the range of the NEC 3 & 4 forms, and its evolution
Recognise why the NEC3 & 4 is so different to other standard forms
Benefit from a post-seminar helpline facility
Gain from interaction with a qualified speaker, who has years of experience in the field to draw from
Learn the vital mechanisms of the NEC3 & 4
Understand the changes from NEC3 to NEC4
Course Content:
Introduction
NEC3 & 4; Structure and content, putting an NEC contract together
The language and philosophy
NEC Family of Contracts and Documents
The Engineering and Construction Contract
Main options; secondary options; associated documents
The Subcontract
The Adjudicators Contract
Term Service Contract
The Professional Services Contract
The NEC Short Contract and Subcontract
Framework Contract
Term Service Short Contract
Amendments (2011) New Construction Act
Amendments to NEC4
Allocation of Risks and Responsibilities
Design obligations
Unforeseen conditions
Project manager
Pricing mechanisms
Changes
Supervisor
Preparing the Contract
Site information
Works information
Tenders and acceptance
Contract data
Management Procedures
Communications
Progress reporting
Programme requirements
Early warning notices
Risk register
Compensation events
Time and money events
Assessments
Schedule of costs components
Quotations
Defined cost
Notifications
Fee
Timescales and deemed acceptance
Payment Procedures
Pricing mechanism
Price adjustments
Retention
Target cost
Valuation schemes
Interest
Other contract families
Compare NEC with other contract families including JCT and PPC 2000 main features.
Close Course Content