RICS in Guernsey – Autumn update

Overview

Join the Guernsey Local Member Group for a morning of professional development and networking, featuring an update from the group and Regional Board, a CPD session and opportunities to connect with peers.

CPD session

Nick Sunderland of Sunderland Ives will be presenting a practical briefing on the key principles of the NEC4 Engineering and Construction Contract, and guidance as to its correct interpretation and administration. 

Schedule

• 8:45 – Arrival
• 9:30 – Start
• 12:00 – Close

Key topics

• A background to the ethics and principles of NEC4 and its provisions for working in a spirit of mutual trust and cooperation
• Effective submission of communications and notices
• Early warning notices and the impact on the assessment rules
• Allocating design responsibility and determining design liability
• Effective notices of compensation events and the time bar provisions
• Quotations for compensation events
• The legal position on basing an assessment on a forecast when actual cost is known
• The use of instructing revised quotations to ensure actual defined cost is known at the time of assessment
• Correctly tendering or evaluating the relevant entries to Contract Data Part 2 using real life examples
• Using assumptions to reduce risk and uncertainty in preparing quotations
• Insurance obligations under NEC4 – who is responsible for taking out insurances