Course duration: 1 Day

Cost: £245 + VAT

Intended for:

This course is highly recommended for purchasers, procurement managers, supply managers, suppliers, commercial managers and all those involved in
procurement of goods.

Objectives

By the end of this 1 day course you will:

• Understand the philosophy of NEC
• Appreciate the use of Contract Data, Goods Information and Supply Requirements
• Understand roles and responsibilities of key parties
• Understand important SC clauses and processes, in particular early warning, the programme, Risk Register, communications and compensation events
• Understand how to apply the SC in practice and achieve satisfactory solutions to problems

Outline programme

• Background & underlying principles – the concept
• SC structure & the Options
• Preparing the Supply Contract
• General provisions & Supplier’s main responsibilities
• Time, testing & Defects
• Payment
• Compensation events
• Title, risks, liabilities, indemnities & insurance
• Termination & dispute resolution
• Summary & open forum