L06322 - NEC3: Introduction to the Supply Contract

The course includes

This one-day course introduces delegates to the philosophy of the NEC family of contracts and focuses on the provisions of the NEC3 Supply Contract (SC)

The delegates will gain an understanding of the key aspects of SC including the responsibilities of the Parties; the Option structure including matters such as the use of key performance indicators, provisions for Goods Information; provisions for time and programme; testing and Defects; payment; compensation events; risk and insurance; dispute avoidance and the contribution of the SC to the effective management of a supply to achieve the parties objectives using a collaborative approach.

Objectives

At the end of the course participants should be able to:

• Understand the philosophy of NEC
• Appreciate the use of Contract Data, Goods Information and Supply Requirements
• Understand roles and responsibilities of key parties
• Understand important SC clauses and processes, in particular early warning, the programme, Risk Register, communications and compensation events
• Understand how to apply SC in practice and achieve satisfactory solutions to problems

Intended for

This course is highly recommended for purchasers, procurement managers, supply managers, suppliers, commercial managers and all those involved in procurement of goods.

Outline Programme

• Background & underlying principles - the concept
• SC structure & the Options
• Preparing the Supply Contract
• General provisions & Supplier's main responsibilities
• Time, testing & Defects
• Payment
• Compensation events
• Title, risks, liabilities, indemnities & insurance
• Termination & dispute resolution

Fee (Exc. VAT)
£250 per delegate

NEC Platinum/Gold Member Fee (Exc. VAT)
£225.00 per delegate

Course Dates

Start Date Location Duration  15 Sep 2010 Glasgow 1 day Book Now   17 Nov 2010 Birmingham 1 day Book Now

To book a place on this course please select an available date from the course timetable above.

If you are interested in running this course as an In-House event please contact us on 0207 665 2446 or email our sales team - Duncan Markwell or Nikhil Karwal.