
Term Services Contracts are a contractual vehicle designed to create long term contractual relationships between the Employer and Contractor to allow actual work and services to be provided for a defined period of time.
MDA Consulting and SAFCEC bring you an on-line training series on the NEC4 Terms Services Contract. This training will give delegates the necessary understanding to successfully:
- Understand and manage the risk inherent in a Term Service Contract
- Tender and manage the financial aspects of these contract
- Optimise your returns and make profits
THIS 4 PART SERIES WILL COVER THE FOLLOWING:
MODULE 1
- Risk
- The NEC Philosophy
- Drafting the NEC – the fundamental change
- How does the NEC affect the way you work?
- The NEC – Key Features – Terminology
- The NEC 4 Family of Contracts: Fundamental Structure and Format
- The Mechanics Of The NEC: The Core Clauses
- Core Clauses – General
MODULE 2
THE NEC – PARTIES TO THE CONTRACT
- Providing the Services
- People
- Working with the Client and others
- Subcontracting
- Communications
- Service Manager – amendments to the Scope
- Task Orders
CORE CLAUSE 3 -TIME
- The Contractor’s Plan
- The Task Order Programme
- Early Warnings
- Clause 35 Access to the Site
- Clause 36 Instructions to stop or not to start work
- The Service Manager’s assessments clause 64
MODULE 3
CORE CLAUSE 5 – PAYMENT
- Clause 50.1 – Assessing the amount due
- Clause 52 Defined Cost
- Clause 53 – Final Assessment
CORE CLAUSE 6 – COMPENSATION EVENTS
- The Concept
- Notifying Compensation Events
- Quotations for Compensation Events
- Payment in the event of change
- The NEC – Fees
MODULE 4
CORE CLAUSE 4 – QUALITY MANAGEMENT TESTS AND INSPECTIONS
- Notifying and correcting Defects
- Accepting Defects
- Liabilities and Insurance
DISPUTE RESOLUTION
Q & A
COST
Each module is charged at R600 (ex vat)
DATES
The 4 part series will take place on a Saturday morning to ensure uninterrupted training time. 21st May, 28th May, 4th June, 11th June 2022
TIME
8:30am to 10:30am
PLATFORM
Delegates are able to attend the training via Zoom and engage with the presenter via the Q&A functionality
CPD ACCREDITATION
SAICE (ECSA)