This one-day workshop helps those involved in the management of construction contracts better understand how payment concepts in construction contracts can be structured to best achieve project objectives, through terms and conditions and optimum selection of input-based, output-based or outcome-based payment methods. The statutory regulation of contract payment processes by the Construction Contracts Act (CC Act) is described with some historical context and a summary of the coverage of the Act to some - but not all - such contracts.
Requirements in both the CC Act and NZS 3910 are explained as are the consequences of not complying with the recently amended clauses. A role playing exercise helps participants understand just what has been changed through the legislation and recent amendments, illustrated by summaries of recent litigation.
The Construction Contracts Act provides potentially speedy and effective methods of resolving potential disagreements about contractual obligations and entitlements, so the advantages or disadvantages of adjudication, arbitration or other suitable methods for dispute resolution are outlined.
Participants will benefit from:
- design schedules of prices for different types of construction and maintenance contracts
- learn more about how to respond to payment claims and meet the requirements of legislation
- understand the vital importance of prompt timing of claim processing and use of the correct terminology
- learn how 3910’s phraseology and that of the CCAct align
- know what to do if your decisions are challenged by other project participants
Andrew Brickell is a very experienced construction contracts practitioner and presenter, who also covers other topics in IPWEA’s training programme (expanded upon in the course brochure.) Andrew was the IPENZ and ACENZ representative on the Standards NZ 3910 revision committee, so he is well placed to explain the reasons for the important changes introduced by the 2013 revisions.
- Non-members: $695 + GST
- Members: $625.50 + GST
Did you know there is another Contracts course listed consecutively with this one?
Click here to learn about Delay, Disruption and Extensions of Time workshop.
So that you can still improve professional development, while reducing travel spend, IPWEA NZ have listed well matched courses together. In the unlikely event of date postponement, IPWEA NZ recommend booking flexible travel.