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Effective Contract Administration, Claims Management and Negotiating Win-Win Settleme...

Classroom based course with study materials, lecturer support and CPD Hours included

London Training For Excellence

Summary

Price
£4,320 inc VAT
Study method
Online
Duration
5 days · Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

This program provides a comprehensive practical briefing on the issues and details of effective contract administration, claims management and negotiating settlements through a unique multidiscipline (Technical-Legal-Management-Audit-Finance) look at the issues. All Good Business Contract Decisions take into account Multi-discipline Inputs.

Description

Day 1

  • The Management-Engineering-Legal-Scheduling-Audit Issues on Contracts.
  • Rights, Duties and Implied Obligations of the Parties under:

Your Contract.

Under Local Laws Regulations.

Under International Law.

  • Rules and Doctrines of Precedence and Interpretation of Contracts Contractual Obligations:

As decided by Courts.

As applied by Arbitrators.

Interpretations during Contract Execution.

Day 2

  • Making Tendering Procedures More Effective:

Prequalification Procedure.

Tendering Procedure, Public Tender Law.

Tender/Bid Evaluation.

  • Transferring Risks not legally effective Just by Drafting…

When Risk Transfer is actually considered Complete in Law?

Day 3

  • Advantages, Disadvantages and When to Use:

Cost Reimbursable Contracts.

Fixed Price/ Lump Sum, Bill of Quantities.

Construction Manager Contracts.

Single General Contractor, Multiple Prime.

Fast Track Contracting.

Turn Key Contract, EPC, BOOT.

Joint Ventures.

  • Design Supervision Contracts:

How to protect your interests.. the issues.

Selection, Managing, Audit Control of Consultant’s Design Activity.

Consultant Contracts: Analysis and Contract Administration. Conditions to Check for and Include to Protect Owner’s Interests.

Consultant’s Insurance, Exclusions Warranties.

Day 4

  • Claims on projects

Nature of Claims.

Constructive Variations Issues.

Liability Establishment.

Causation Proof.

Damage Quantification.

  • Fair Reasonable Price Determination and Impact Calculation (VO’s Claims):

Direct Costs.

Indirect Costs, Overheads.

Other Contractual Factors to Consider.

Day 5

  • Managing Meetings For Negotiating Settlement of Disputes Claims Negotiating VO’s Claims:

Preparation.

Presentation.

Deadly Negotiating Skills.

Games/Tricks Others May Play.

Bargaining Strategies Tactics.

  • Dispute Resolution:

Options, Contractual Arrangement.

Settlement by Negotiations.

Mediation, Arbitration, Courts.

Cost-Benefit Considerations.

Management Audit Concerns.

  • Worthwhile Project Closedown Reporting.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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