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Richard Patterson

NEC3: Money, Money, Money...

NEC3: Money, Money, Money...

With Richard Patterson standing in for Barry Trebes the presentation will look at the common misconceptions and issues involved in payment and the assessment of compensation events from both a Contractor's and Project Manager's perspective. Topics covered will include payment, Disallowed Cost, SCC and SSCC, inspection of accounts and records, Contractor's share assessments, Z clause amendments. It will also explore the actions which can be taken by the Parties to avoid, mitigate and reduce issues arising and provide some practical tips and advice.

By the end of this course, you will be able to:

  1. Describe the issues involved in payment and the assessment of compensation events from both a Contractor's and Project Manager's perspective.
  2. Understand the actions which can be taken by the Parties to avoid issues arising and provide some practical tips and advice.
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