Webinar - NEC4 PSC Part 6: What to do when things go wrong on an PSC (Rights to material, Liabilities and insurance, Termination and Disputes)
What’s it about?This one-hour webinar session 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 NEC4 Professional Services Contract (PSC). This webinar will walk you through the provision for dealing with rights to material, how liabilities and insurance and risk is managed under the contract and what adjudication is and what it aims to achieve.
Attendees of this webinar 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 project.
You will learn
By the end of this webinar you will be able to:
- Explain the key provision for dealing with title and ownership
- Outline how insurance and risk is managed
- Understand what adjudication is and what it aims to achieve
- Outline the key provisions and timescales for an adjudication under option W2