£300 – £396

NEC3 Compensation Events Masterclass

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Construction Employers Federation

143 Malone Road

Belfast

BT9 6SX

United Kingdom

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Description

One of the key advantages in using the NEC3 Engineering & Construction Contract is the proactive way in which it manages changes through compensation events. Ironically, this is also the area users of the contract encounter the greatest difficulties.

This is an advanced course for experienced users of the contract who need to know how to properly deal with changes to the Prices and delays to Completion, including the often misunderstood use of the Schedule of Cost Components, early warnings, risk registers, and the Accepted Programme, including the use of float and time risk allowances.

Whether you are a Client, a Contractor or a Consultant, this course will give you significant benefits in having the confidence to properly manage this critical aspect of the contract.

At the end of the course, participants will:

  • Fully appreciate the principle of compensation events.
  • Have an enhanced knowledge of how compensation events are assessed in terms of time & cost.
  • Be fully confident in managing change under the contract.

Course Presenter

Dr Jon Broome is a leading consultant and trainer on the NEC. He completed a PhD on its effective operation. His contributions to the 2nd and 3rd editions are acknowledged in the contract. He has had numerous articles and papers, as well as the top selling ‘User’s Guide’ book published on the contract.

Cancellation Terms:

Cancellations made within 7 working days of the course/seminar start date are subject to a 50% cancellation fee. Cancellations made within 5 working days are subject to a 100% cancellation fee. All cancellations must be notified to Construction Federation Services in writing. Email notifications are acceptable. A telephone message is not sufficient as a notice to cancel. Delegate substitutions are welcome. If delegates do not attend a course/seminar without giving a notice of cancellation within the appropriate timeframe, no refund will be given.

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Construction Employers Federation

143 Malone Road

Belfast

BT9 6SX

United Kingdom

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