Course description
Contract disputes cost money, take valuable time to resolve and can damage good relations. However, they can be avoided by using the IChemE Forms of Contract. This course will show you how to get the most out of these contracts.
The IChemE Forms of Contract are drafted as performance-based contracts for the design and construction of a process plant and other output-based projects. They specifically address the liabilities and testing regimes appropriate for a performance plant, and are used extensively across a range of process industries.
This course examines both the UK and international suites of contracts: their approach to risk and payment, their structure, how they govern work from initial requirements through design to fully commissioned and operational plant, and party liabilities.
This is an interactive course with plenty of opportunity to ask questions, and includes syndicate work to increase familiarity with the subject matter.
As part of the course fee, delegates will be given six-months' online access (PDF) to the contract of their choice.
This course is available as either an individual or group training. To get rates and book for your team, please contact the provider.
Upcoming start dates
Suitability - Who should attend?
Anyone preparing or tendering a contract using the forms or those who will manage such a contract as a client, consultant or contractor. This could include:
- project and contract managers
- contract administrators
- engineers
- consultants
- consulting engineers
- quantity surveyors
- graduate engineers.
Outcome / Qualification etc.
By the end of this course, you will understand:
- the main provisions, structure and features of the IChemE Forms of Contract and the key differences between them
- the various stages of a process plant contract
- the key procedures to be followed
- the various certificates to be issued by the project manager
- the key differences between a lump sum, cost reimbursable and target cost contract
- how to put a contract together
- the liabilities of the parties under the contracts.
Training Course Content
Course outline
- The nature of process plant contracts
- The structure of contracts based on the UK and international forms
- The duties of the contractor and the purchaser
- The various stages of the works
- The testing regime
- The role of the project manager
- Cost allocation
- The difference between price and cost-based contracts and the consequent differences in cost liability
- The different payment terms in the lump sum Red Book, the cost reimbursable Green Book, and the target cost Burgundy Book
Expenses
Please visit the IChemE website for up-to-date course prices.
Discounts are available to companies booking more than one place. Bookings must be made at the same time to receive the discount.
- 2 places – 10% discount
- 3 places –15% discount
- 4 or more places – 20% discount
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Institution of Chemical Engineers
IChemE is the qualifying body and learned society for chemical, biochemical and process engineers. We facilitate the development of chemical engineering professionals and provide connections to a powerful network of around 30,000 members in more than 100 countries. We are...