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Complimentary Breakfast Briefing – Tips to manage compensation events under NEC and the effect of NEC4

Event Details
Date
November 09 2017
Location
St James’ Park, Strawberry Place, Newcastle-Upon-Tyne, NE1 4ST, UK
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COURSE OVERVIEW

The successful management of compensation events under NEC is fundamental to the effective operation of the contract.

NEC provides for prospective quotation assessments, often prior to the work being carried out, to achieve time and cost predictability.

Our experience of dispute resolution proceedings has identified that the parties’ failures to adhere to the prescribed timescales of NEC, or a fundamental misunderstanding of the provisions themselves, often leads to conflict.

In view of the above our seminar will consider some of the issues surrounding compensation events:

  • Notifying early warnings and compensation events
  • The use of assumptions
  • Assessing Defined Costs and Disallowed costs
  • Assessment of compensation events using the ‘dividing line’
  • Revision of compensation event quotations when forecasts later turn out to be wrong
  • Assessing delay to planned Completion

During the seminar we will also review some of the recent changes brought about by NEC 4.  Described as an evolution not a revolution, the amendments to certain clauses will result in a significant effect on the assessment of compensation events.

The Speakers

John Jones is a Chartered Quantity Surveyor with a Masters of Laws degree in Construction Law and Arbitration and now specialises in dispute resolution, claims preparation, adjudication services and as Expert Witness providing quantum reports for litigation and arbitration.

Andrew Willis is a Quantity Surveyor with extensive experience gained within the civil engineering, building and power generation industries.  He holds a Masters degree in Construction Law and act for both referring and responding parties, providing expert opinion on quantum issues.

AGENDA

8.00am to 8.30am     Registration
8.30am to 10.00am   Seminar
Complimentary breakfast rolls and refreshments available

 

COMPLIMENTARY APPOINTMENTS

A number of experienced consultants will be available to answer any questions on a one to one basis prior to or following the seminars (7.30am to 8.00am and 10.00am to 11.00am).

Event Details
Date
November 09 2017
Venue
St James’ Park, Strawberry Place, Newcastle-Upon-Tyne, NE1 4ST, UK
Download Brochure
Book Now

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