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NEC4 Compensation Event Workshop

June 20 9:00 am - 4:00 pm

Why you should attend this workshop?

(This workshop is recommended for anyone who is involved with managing change on a project including project managers, contract managers, quantity surveyors, planners, consultants, within any employer/contractor/subcontractor/consultant organization. Attendees preferably would either have attended an Introduction to NEC3 workshop or have practical experience of working on an NEC project to understand the wider basic principles of the contract to get the most out of the session)
Why you should attend this workshop?

This one-day workshop introduces the compensation event process which is the mechanism within NEC contracts for dealing with change. It will also identify specific new clauses associated with compensation events that have been introduced with NEC4. The session focuses on the Engineering and Construction Contract (ECC) contract, but the same principles can be applied to both the Engineering and Construction Subcontract (ECS) and the Professional Services Contract (PSC) forms of contract.
Attendees of this course will have a much clearer understanding of the change management process within these contracts and how each such compensation event should be identified, managed and assessed from its inception to its final agreement.

You will learn about:
• what is a compensation event
• the separate compensation event processes involved with each event i.e. notification, quotation, assessment, and implementation
• the difference and interaction between early warnings and compensation events
• the part that the Accepted Programme plays in assessing the time and cost associated with each compensation event
• identifying and preparing quotations for compensation events and how they should be subsequently assessed.

Whilst each workshop does have handout notes issued in advance, it is beneficial for attendees to have access to an NEC contract so that they can check wording of the actual clauses in line with the presentations and case studies. Ideally this would be the NEC4 version of the Engineering and Construction Contract (ECC) or Engineering and Construction Subcontract (ECS) but access to an NEC3 version would alternatively still be useful.”

Should you wish to reserve a space, please e-mail Joanne@cecascotland.co.uk with delegates’ names, e-mail addresses and job title

This is a full day workshop which will begin promptly at 0900 and run through until 1600 with appropriate tea/coffee and lunch breaks.  A maximum number of 33 delegates can be accommodated at each workshop.  Bookings will be taken on a first come, first served basis and we would initially ask they are restricted to four per member company.  Names can be added to a waiting list and a member of the team will be in touch should a space become available.