Analysis and Negotiation of Essential Clauses
To begin with, learn to decode, understand, and negotiate key clauses such as:
- Duties of the parties (Employer, Contractor, Engineer).
- Start date of the project.
- Deadline for project completion.
- How to handle changes in the contract (also called variations).
- How payments work: Interim Payment Certificates, Advance Payment, Final Payment Certificate.
As a result, this training will enable you to better protect your interests from the early stages of the contract.
Proactive Governance of Contractual Risks
In addition, anticipate legal, technical, and financial risks through a clear understanding of general conditions:
- Handling rare or unexpected events.
- How claims affect time and cost.
- Who is responsible for fixing defects (Defects Notification Period)?
- When and how to use extra time requests (EOT).
- Managing insurance and guarantees (performance security).
Prevention of Disputes and Dispute Resolution
Furthermore, strengthen your understanding of ways to handle disputes:
- The Engineer’s role in solving issues early.
- Using the Dispute Adjudication and Avoidance Board (DAAB) to avoid long disputes.
- Turning to arbitration only when needed.
- How to prepare a clear and well-organised claim that follows the contract.
Overall, the goal is to equip you with the tools to protect the contract, ensure project delivery, and reduce key risks.
