It has been ten years since the last major update to the MF/1 contract. For those of you who rely on the MF/1 as your primary guide for engineering contracts, here is an overview of some of the most significant changes: https://ow.ly/fOPt50SI2Qf #IET #Engineering #Technology #MF1 #Contracts #Construction
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It has been ten years since the last major update to the MF/1 contract. For those of you who rely on the MF/1 as your primary guide for engineering contracts, here is an overview of some of the most significant changes: https://ow.ly/AWbI50SKIuR #IET #Engineering #Technology #MF1 #Contracts #Construction
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It's been a decade since we saw the last big update to the MF/1 contract. For those of you who've been using the MF/1 as your go-to guide for contracts in the engineering world, here are the key updates: https://ow.ly/2kRB50SJoeS #IET #Engineering #Technology #MF1 #Contracts #Construction
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New revision, same issues? Find out with the useful summary by Melanie Tomlin and myself.
It's been a decade since we saw the last big update to the MF/1 contract. For those of you who've been using the MF/1 as your go-to guide for contracts in the engineering world, the key updates are here: http://crs.law/KRaX50SI1BH #IET #Engineering #Technology #MF1 #Contracts #Construction
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It's been a decade since we saw the last big update to the MF/1 contract. For those of you who've been using the MF/1 as your go-to guide for contracts in the engineering world, the key updates are here: http://crs.law/KRaX50SI1BH #IET #Engineering #Technology #MF1 #Contracts #Construction
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Divisional Managing Partner of the Construction, Real Estate and Disputes Division and Regeneration Lawyer at Charles Russell Speechlys Member of the Institute of Leadership (MIoL)
It's been a decade since we saw the last big update to the MF/1 contract. For those of you who've been using the MF/1 as your go-to guide for contracts in the engineering world, here are the key updates: https://ow.ly/Mun350SR9TQ #IET #Engineering #Technology #MF1 #Contracts #Construction
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Do you know what type of delay analysis the NEC contract requires? The NEC contract requires the contractor to maintain an up-to date program with the time and cost impact of a compensable event to be determined at the time of the event. To learn more about delay analysis under the NEC contract, read our bite-sized article below or get in touch. #constructionindustry #disputeresolution #quantitysurveyor #delayanalysis #construction #constructionmanagement
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The NEC early warning process is often referred to as the ‘jewel in the crown’ of NEC contracts. In this article, Jon Broome discussed seven practical tips designed to help both parties (NEC contractors and project managers) fully benefit from the early warnings. Read more: https://lnkd.in/eHd9pUGD #earlywarnings #contractors #projectmanagers #engineering #construction #risks
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major projects procurement; NEC contract training, consultancy & expert witness; project based workshop facilitation.
7 practical tips for making early warnings more effective : this article by yours truly got published on the same day as the 'rival' NEC People's conference in Leeds. It does what it says on the tin. It is a summary of the talk I gave at NEC People's London conference in June this year, so if you want more detail, the link to the talk is here - https://lnkd.in/ezy8jkCz - and I can forward the slides if you want.
The NEC early warning process is often referred to as the ‘jewel in the crown’ of NEC contracts. In this article, Jon Broome discussed seven practical tips designed to help both parties (NEC contractors and project managers) fully benefit from the early warnings. Read more: https://lnkd.in/eHd9pUGD #earlywarnings #contractors #projectmanagers #engineering #construction #risks
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how to treat delays in construction projects.
💪the famous way of how to treat delays in construction projects. 👇👇👇👇👇👇👇👇👇👇👇👇👇👇 Construction Claims Bundle. Construction Claims-English https://lnkd.in/dWiKb2Kb EOT Procedures. https://lnkd.in/dWX54smr Delay Analysis Techniques. https://lnkd.in/dHmMkzns Construction Disruption Claims https://lnkd.in/d32CHHns Scheduling tricks, tactics, defense, related to claims https://lnkd.in/dQX26qZ9 Forensic Schedule Analysis https://lnkd.in/diTfUr2b
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Hello, Construction Professionals and Enthusiasts! 👷♂️👷♀️ In the world of construction, time is money, and delays can have significant financial and relational impacts. One critical concept we deal with in NEC3 contracts is delay damage. What is Delay Damage in NEC3 Contracts? Delay damage refers to the compensation that must be paid by a contractor if they fail to complete the project within the agreed timeframe. This concept ensures that both parties remain committed to the schedule, promoting efficiency and accountability. 🔍 Key Points About Delay Damage in NEC3: ♦️ Defined Compensation: The contract specifies a daily rate for delay damages, making it clear and enforceable. ♦️ Incentive for Timely Completion: Knowing the financial consequences encourages contractors to avoid delays. ♦️ Fairness: The predefined nature of delay damages ensures transparency and fairness in the agreement. 💡 Tips to Manage and Mitigate Delay Damage: ✨️ Clear Communication: Regular updates and transparent discussions about project progress can prevent misunderstandings and delays. ✨️ Detailed Planning: Invest time in thorough planning and risk assessment at the beginning of the project. ✨️ Flexibility: Be prepared to adapt to unforeseen circumstances with proactive problem-solving. Let’s engage in a conversation💭💬Have you encountered delay damages in your projects? How do you manage and mitigate these risks in your contracts? Share your experiences and tips below! 👇 #Construction #NEC3 #ProjectManagement #DelayDamage #TimelyCompletion #ContractManagement
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