Why you should attend this workshop?
This one-day workshop introduces you to the common philosophies of the NEC family of contracts and focuses in more detail upon the key mechanics and provisions of the NEC3 / NEC4 Term Service Contract (TSC). This is the main contract that will be used for a supplier to manage and provide a service for a prescribed period of time.
You will gain an understanding of the key aspects of TSC from both Employer and Contractor perspectives. It will emphasize the importance of administering this form of contract during the life of a project rather than “leaving it in a drawer”, as being contractual should be viewed very much as being proactive rather than being considered negative. The session will review the contract strategy options between the primary TSC options as well as the choice of secondary options that are available, all of which alter the risk profile and the payment mechanisms on a given project.
The workshop will then review the key contractual clauses and mechanisms throughout the contract, including the responsibilities of the Employer/Contractor; flow of communication; early warnings; the role of the plan; payment; compensation events; understanding how to be able to instruct additional tasks. It considers how the contract if administered as intended should raise the level of understanding and transparency between the Parties involved and how the TSC contract can contribute to the effective management of a project to achieve the project objectives using a collaborative, transparent approach.
Attendees of this course will have a much clearer understanding of the intent of the specific contractual clauses and in practical terms begin to see how they should administer them for the benefit of all parties on a particular project.
You will learn about:
- the philosophy and commonality amongst all the contracts within the suite of NEC3 / NEC4 contracts
- the use and appropriate contract strategy to adopt when choosing both primary options(A,C,E) and secondary options (X1-X20)
- appreciating the use of Contract Data and Scope
- consider factors involved when preparing tender documents and assessing tender submissions
- consider common amendments that are often made in the form of “Z clauses” and their potential to alter the dynamics or risk profile of an un-amended contract
- roles and responsibilities of the Parties
- the important TSC clauses and processes, in particular early warning, the plan, Risk Register, communications and compensation events
- understand how to apply TSC in practice and achieve satisfactory solutions to problems
Recommended for: This workshop is recommended for everyone currently or about to be working under a TSC contract including service managers, contract managers, quantity surveyors, clients, consultants, planners, contractors and their supply chain. This session will be suitable for those who are relatively new to these forms of contract as well as those who are already more experienced in the contract and looking to enhance their level of knowledge and understanding.