Built Intelligence

Webinar - Commercial Awareness (Part 1 - 6) 1-Day Session

Webinar - Commercial Awareness (Part 1 - 6) 1-Day Session

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Presented by Steven Evans

Subscribe to our premium subscription plan to attend the full Webinar programme on Commercial Awareness. The first three sessions are FREE!

This plan also grants you access to over 600 bite-size e-Learning courses on NEC3NEC4BIMJCT, CDM, Project Management and more!

Thursday 3/2/2022 9:00 - 17:00
Lunch 12:30 - 13:30

Part 1: The Contract (Free)

The aim of this course is to provide an overview of the formation of a contract, the necessary elements and what happens where there is no contract

After studying this course, you should be able to:

  1. Understand the essential elements of a contract 
  2. Explain what other elements may be present and the consequences if they are not
  3. Understand the difference between a letter of intent and a contract
  4. Explain the purpose of subcontracts and collateral warranties.

Part 2: Types of construction contract and tendering (Free)

The aim of this course is to understand the different types of construction contract and how they affect the tendering process. 

After studying this course, you should be able to:

  1. Understand the difference between lump sum, cost plus and target cost contracts
  2. Explain single-stage and two-stage tendering, early contractor involvement and BIM
  3. Understand the difference between traditional and design & build contracts
  4. Explain how a tender for each of the various contracts is put together.

Part 3: Documents that form the contract and payment (Free)

The aim of this course is to provide an overview of the types of documents that make up the contract and an overview of payment provisions under contract and under the HGCRA.

After studying this course, you should be able to:

  1. Identify the different types of construction documents
  2. Understand how the documents work together and the consequences of inadequacies, disparities, discrepancies or errors
  3. Explain the payment provisions under the contract and how these are impacted by the HGCRA
  4. Explain the payment provisions under the HGCRA.

Part 4: General provisions of a contract part 1

The aim of this course is to understand various provisions in a typical construction contract

After studying this course, you should be able to:

  1. Understand how various contracts deal with:
    • Design
    • Subcontracting
    • Notices and reporting
    • Changes or Variations

Part 5: General provisions of a contract part 2

The aim of this course is to understand various provisions in a typical construction contract

After studying this course, you should be able to:

  1. Understand how various contracts deal with:
    • Time
    • Loss and Expense
    • Claims in general

Part 6: General provisions of a contract part 3 and construction adjudication

The aim of this course is to understand various provisions in a typical construction contract and to provide an overview of construction adjudication.

After studying this course, you should be able to:

  1. Understand how various contracts deal with:
    • Defective work
    • Termination
  2. Explain how the adjudication provisions under the HGCRA operate.