BuiltIntelligence

NEC3 Public Training Course October 2014

BuiltIntelligence are pleased to announce our Autumn NEC3 public training dates that will be run at excellent conference facilities in central London in October. The three sessions scheduled are as follows:

  • 15th October: NEC3 Overview and review of the Engineering and Construction Contract
  • 22nd October: NEC3 Programme Workshop
  • 29th October: NEC3 Commercial Workshop – Contract data, Schedule of Cost Components and Disallowed Costs

The cost for each day is £245/delegate (discounted for two or more attendees from same company) and this includes all handout material as well as breakfast/lunch and all other refreshments. Places are limited, so for more details or a booking form please email glennhide@builtintelligence.com

Summary of each session:

NEC3 Overview and review of the Engineering and Construction Contract

This course is by far the most popular for clients/contractors who are either new to the NEC contract or have had some limited experience using it. It covers the basic principles of the suite of contracts and appropriate contract strategy, before considering in detail, the key contractual clauses of the ECC contract. It considers communications, responsibilities under the contract, management of programme, payments, early warnings and compensation events and how they can be practically managed for the effectiveness of all parties working on the project.

NEC3 Programme Workshop

Administration of the programme is pivotal to the success of any NEC project. The programme becomes the key management and commercial tool in terms of demonstrating both the detailed plan of executing the works and the effect/entitlement due to change. This workshop reviews the building up of a programme from first principles, before looking in detail at section three of the contract (Time) in terms of what should be in a programme, the acceptance process, revising the programme and potential acceleration. The session then considers how the early warning and compensation event processes should contractually and practically be integrated into the programme to give full understanding and visibility to all parties and to ensure that a regular accepted programme should become reality on a project.

NEC3 Commercial Workshop – Contract data, Schedule of Cost Components, Disallowed Costs

This session looks in detail at the subtleties and intricacies of the commercial elements of the ECC contract. It will consider the content of both contract data part 1 & 2 before looking at the detail of the Schedule of Cost Components and how it is used to build up Defined Cost under each of the ECC options. The session will also consider what would constitute a Disallowed Cost under options C-F and offer practical advice and understanding of all of these aspects for the effective administration of your projects.

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