Course Outline
Construction Contracts (NEC and FIDIC)
Understand the intricacies of NEC and FIDIC contracts in this detailed course. Perfect for professionals looking to deepen their knowledge.
Introduction to Engineering & Construction Contracts
- Overview of contract types (Engineering, Construction, EPC, EPCM)
- The role of contracts in project management
- Key objectives and risks in engineering contracts
NEC Contracts (NEC3 and NEC4)
- History and development of NEC contracts
- Key principles of NEC3 and NEC4
- Contract structures & terminology (Core Clauses, Options A-F, Contract Data)
- Comparison of NEC3 and NEC4: What’s new?
- Case studies and practical examples
- Risk management and allocation in NEC contracts
FIDIC Contracts (1999 Edition)
- Introduction to FIDIC contracts
- The 1999 Rainbow Suite (Red, Yellow, Silver Books)
- Key features and structures
- Risk and responsibilities of parties under FIDIC 1999
- Payment mechanisms, variations, and claims procedures
- Claims management and dispute resolution
- Practical applications of FIDIC 1999 in South African and global projects
- Case studies and interactive discussion
FIDIC Contracts (2017 Edition)
- Changes from FIDIC 1999 to 2017
- New features and clauses
- Enhanced risk allocation and management
- Provisions for contract administration
- Variations, Dispute Avoidance/Adjudication Board (DAAB), and amendments
NEC and FIDIC Contracts – Comparative Analysis
- Key differences between NEC3, NEC4, and FIDIC 1999, 2017
- Choosing the right contract for your project
- Risk allocation and contract selection for various project types
- Strengths and limitations of NEC vs FIDIC
- Case study: Comparative analysis of contracts in action
Dispute Resolution and Claims Management
- Managing claims under NEC and FIDIC contracts
- Variations, delays, and extensions of time
- Dispute resolution mechanisms (Mediation, Arbitration, DAAB)
- Best practices for avoiding disputes
- Case studies: Successful resolution of contract disputes
R7999/Per Delegate
This Course is Multi-Validated and legible for:
- 1.6 Credits – SACPCMP
- 12 CPD Hours – ASAQS
- 2 Credits – SACAP
- 2 CPD Points – ECSA
Free FIDIC Redbook Contract!
Multi-Validated & Accredited By:
