We have added a brand new course for our monthly and annual academy subscribers. As of right now, subscribers can assign yourself to How to Pay Subcontractors and get Paid under ECS and a Quick Overview of the SOCC online course.
What’s it about?
This course introduces you to the payment provisions of the NEC3 Engineering and Construction Subcontract (ECS). This course provides an overview of the main payment options A, B, C & D.
Users starting 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
By the end of this course you will be able to:
- Explain what the PWDD is under each of the main options and how this affects assessing the amount due
- Outline the timetable for assessment and payment
- Understand the key features of Schedule of Cost Components (SCC) and Shorter Schedule of Cost Components (SSCC)
If you are interested in becoming an academy subscriber please, visit our website https://www.builtintelligence.com/ or contacts at +44 117 214 0890 and we’ll have a member of our team follow up with you right away.