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NEC4 Compensation Events
June 20, 2019
FREE Seminar – Compensation Events under the NEC4 Engineering and Construction Contract on Thursday 20th June ’19, Westerwood Hotel, 1 St Andrews Dr, Glasgow G68 0EW
The seminar details are:
Speaker: Mark Bezzant of Bezzant Limited.
Summary: The course will provide a reasonably detailed explanation of the compensation events defined in the NEC4 Engineering and Construction Contract.
The course aims to provide those delegates who are involved in bidding for and/or administering a contract based on the NEC4 Engineering and Construction Contract an increased knowledge of the compensation events.
Please note this course focuses on the events and not on the procedure or assessment rules, except only that the course provides a brief overview of the relationship between the events and the procedure/assessment rules.
The compensation events
Core clause compensation events
Main option B and D compensation events
Secondary option clause compensation events
Additional compensation events stated in the Contract Data part one
Particular compensation events
-Instructions changing the Scope
-Instructions resolving ambiguities and discrepancies
-Instructions implementing cost reduction proposals by the Contractor
-Other instructions by the Project Manager
-Withholding of acceptances
-Unforeseen physical conditions
-Work by others
-Client’s liability events
-Correction of assumptions
Brief overview of the relationship between the compensation events and the procedural and assessment rules
This is a full day event which will begin at 0830 and run through until 1530. Breakfast rolls and lunch will be provided.
To reserve your place(s) please contact email@example.com with name, job title and e-mail address. Due to the popularity of these events we can only accept a maximum of 6 bookings per company in the first instance. A CPD certificate will be issued on full completion of the training day.