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.
Upcoming start dates
Choose between 3 start dates
Outcome / Qualification etc.
- 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
- 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
- IChemE member – £1,275 + VAT
- Non-member – £1,500 + VAT
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Institution of Chemical Engineers
Davis Building, Railway Terrace,
CV21 3HQ Rugby Warwickshire
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 a...
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