Process Contracts
- Course focuses on contract law, performance contracts, and contract management.
- Emphasizes understanding contract clauses and their implications.
- Covers subcontracting, design risk, site installation, and completion testing.
- Addresses time management, change management, payment, and dispute resolution.
- Provides a comprehensive overview of contract structure and obligations.
Overview
This 2-day course focuses on contract law and management, with an emphasis on understanding contract clauses, risks, and strategies. Participants will learn about contract drafting, performance contracts, subcontracting, design risks, site installation, testing, completion, guarantees, and dispute resolution. The course aims to provide a comprehensive overview of contract management principles and practical insights for effective project execution.
Who should attend
Contract Managers
Course Content
Course duration: 2 Days
Cost: £650 + VAT
DAY ONE
0930 – 1000 Introduction
• Who, Why and What
• Course style & aims
• Organisation
• Personal questions and aims
• Topics
1000 – 1030 Contract Law – a quick reminder
• “Freedom of contract”
• The written contract
• Certainty in theory and practice
• Drafting principles
• Getting the words correct
• Defences
1030 – 1100 The “Performance” Contract – Strategy & Risks
• The Performance contract and the Work contract
• Risks and interfaces
• Four considerations
• What it is versus what it does
• Contract types and attitudes
• Specifications and test specifications
• Contract scenarios
• Scenario implications.
1100 – 1115 Coffee
1115 – 1200 The “Shape” of the contract
• The tender process
• The different parts of the contract
• The need to organise
• Agreement
• Conditions
• Specifications (and standards)
• Everything else
• The test regime
• Putting the Contract together
• Preparing for the project – records and cost records
1200 – 1215 The Shape of the conditions
• General and preliminary
• Contract Management
• Design
• Manufacture & procurement
• Site installation
• Testing
• Closure
1215 – 1300 Sources & Differences
• MF1
• IChemE
• Red/Price
• Green/Cost
• Burgundy/Target Cost
• Flexibility
• Relationship
1300 – 1400 Lunch
1400 – 1515 Background
• What the clauses say
• What they give you
• The consequences
1515 – 1530 Tea
1530 – 1630 Background & Contract Management
• What the clauses say
• What they give you
• The consequences
1630 – 1700 Design Risk and Price Risk
• What the clauses say
• What they give you
• The consequences
DAY TWO
0930 – 1000 Subcontracting
• What the clauses say
• What they give you
• The consequences
1000 – 1030 From Design to Site
• What the clauses say
• What they give you
• The consequences
1030 – 1100 Site Erection/Installation
• What the clauses say
• What they give you
• The consequences
1100 – 1115 Coffee
1115 – 1145 Site Erection/Installation
• What the clauses say
• What they give you
• The consequences
1145 – 1230 Completion Testing
• What the clauses say
• What they give you
• The consequences
1230 – 1300 Tests Performance and Guarantees
• What the clauses say
• What they give you
• The consequences
1300 – 1400 Lunch
1400 – 1430 Time and lateness
• What the clauses say
• What they give you
• The consequences
1430 – 1515 Change
• What the clauses say
• What they give you
• The consequences
1515 – 1530 Tea
1530 – 1630 Payment and Dispute
• What the clauses say
• What they give you
• The consequences
1630 – 1700 Final questions
1700 Close
