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Pricing NEC Contracts and Managing Risk Workshop

September 26 9:00 am - 4:00 pm

Why you should attend this workshop?

Recommended for this workshop is recommended for anyone who is involved in preparing or reviewing contract documents at tender stage, as well as anyone involved in administering an ECC contract on a live project to understand what part the documents play in the administration of a project. This will include project managers, contract managers, quantity surveyors, clients, consultants, planners, Contractors, and their supply chain

This one-day workshop is a closer review of the tendering stage of a project, and how then risk is managed throughout the life of a project. It will review the documents that the Client puts into a Contractor’s tender, as well as the considerations that the Contractor should consider when they are preparing their tender return. It is very important that a Contractor understands the risks and obligations that they are signing up to with any new contract and be able to price accordingly.

You will learn about:
• the main ECC contract documents that make up a signed contract
• choice of primary and secondary options and associated pricing document and how they alter Contractor’s risk
• ways of allocating risk through the different contract documents
• elements of Contract Data part 1 completed by Client
• considerations for completing Contract Data part 2 by the Contractor
• importance of Scope and Site Information
• compensation events and how they proportion whose risk is what under the contract
• Client’s risk within section 8 of the contract and within Contract Data
• Defined Costs and Disallowed Costs under the contract
• the specific requirements of the early warning process and resultant NEC Risk Register/Early Warning Register, and how it differs from the more traditional project risk registers that are used within the industry. • how risk can be dealt with differently for individual compensation events

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.