MF/1 Rev.7 – 2024
- Introduction to MF/1: Principles and impact on terms.
- Contract Price: Costs, Law, Risks, Brexit.
- Programmes and Liability for Delays: Obligations, Time, Covid.
- Defects Liability: Meeting specs, Latent Defects, Final Certificate.
- Variations and Instructions: Procedures, Valuation, Programme.
Overview
This course provides an introduction to MF/1, focusing on contract principles, pricing, programs, liability for delays, defects liability, variations, testing regime, payment obligations, limitations and exclusion of liability, termination for default, and software issues. Participants will learn about changes in costs and law, employer's risks, delay liability, force majeure, Covid-19, defects liability periods, variations procedures, and termination consequences. The course aims to enhance understanding of contract management and legal aspects in construction projects.
Who should attend
Contractors, Purchasers
Course Content
10.00 Introduction to MF/1
Putting MF1 together
Underlying principles and how they impact on the terms
The Contract Price
Changes in costs
Changes in Law
Employer’s risks
Brexit Issues
Programmes and Liability for Delays
Obligations on contractor
Delay Liability including prolonged delay
Extensions of Time
Force Majeure and Covid 19
Brexit issues
Acceleration issues
Notice requirements
Defects Liability
Meeting the specification
Defects liability periods and Latent Defects
‘In lieu” of’ provisions
Final certificate and its effect
Variations and Instructions
Procedures for implementing variations
Limitation on purchasers rights right to require variations
Valuation and consequences on programme
12.30 Session ends
MF/1 Rev.6 Session 2
10.00 The Testing Regime: Tests before Completion & Performance Tests
Duty to carry our different tests
Consequences for failure and delay
Payment Obligations
Certification
Rights on non-payment
Limitations and Exclusion of Liability
Limitations & exclusions –
Exclusive remedies clause
The Final Certificate and its impact
Termination for default
Termination for Contractors Default
When can contract be terminated?
Consequences
Software issues
12.30 Session ends
Course Duration: 2 x 1/2 Day Sessions
Cost: £245 + Vat
