This course 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 course 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.
By the end of this course 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
