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Training Course:

Measurement and Valuation of Construction Contracts

School/Trainer:

Symmons Madge Associates Ltd.
Belfast, Birmingham, Bristol, Cardiff, Dublin, Exeter, Glasgow, Slough, United Kingdom

Course Format: Classroom | E-learning | Virtual Class | Online/Live | On-site/In-house | Blended | Self-paced

Course Description:

'' A one day interactive course analysing the means by which work is measured and valued on JCT 2005 contracts

Learning outcomes:
This course will help delegates to acquire the basis skills for measuring and valuing work carried out under building contracts using the JCT2005 Standard Building Contract

Aims and Objectives
To enable delegates to:

Be aware of the status of the Contract Bills or other pricing document
Know the methods of measurement available for measuring construction work, their role within the contract and relationship with other documents
Appreciate the difference between lump sum, re-measurement , target and cost plus contracts and how they vary the allocation of financial risks
Apply the rules and procedures of the contract for dealing with errors and ambiguities
Understand the procedures applying to interim and final, certificates and payments
Recognise what constitutes a Variation on a contract and how they are to be valued valuations
Deal with claims for loss and/or expense

Course outline:
Session 1 - JCT Contracts

JCT contract conditions for lump sum, re-measurement, cost-reimbursable, etc. contracts

Session 2 - Activity Schedules

The role and purpose of activity schedules; their preparation and application

Session 3 - Contract Bills

An analysis of the contractual status of Contract Bills; methods of measurement; correcting errors; SMM7 video presentation

Session 4 - Interim Payments

Examining the payment process under JCT contracts; entitlements; timescales; retention

Session 5 - Advanced Payments

Advanced payment provisions; advanced payment bonds

Session 6 - Valuing Variations

Examining the conditions of contract in relation to valuing Variations

Session 7 - Claims

Addressing loss and/or expense; procedures; entitlements; the relationship with extension of time provisions

Session 8 - Final Accounts

Final account procedures, timescales; entitlements; method of computation

...''

Elements of this syllabus are subject to change.

Please go to the school's official website for training price and schedule:
http://www.symmonsmadge.co.uk/

Phone:01446 775959

School Address/Venue(s):

Vale Forge
North Road
Cowbridge
Vale of Glamorgan
CF71 7DF
United Kingdom

Jobs & Resumes: Belfast, Birmingham, Bristol, Cardiff, Dublin, Exeter, Glasgow, Slough
Houses & Roommates: Belfast, Birmingham, Bristol, Cardiff, Dublin, Exeter, Glasgow, Slough
Travel Agencies: Belfast, Birmingham, Bristol, Dublin,

Search other schools for Measurement and Valuation of Construction Contracts training resources.




Other training courses offered by Symmons Madge Associates Ltd.:

Marketing
Successful Bid Management
Value Management
CESMM
Estimates, Costs, Budgets & the Importance of Value
Estimating Procedures
Measurement of Building Works
Specification Writing
GPS Awareness
Levelling & Setting Out
Setting Out For Engineers
Theodolite Setting Out
Total Station/EDM Stage
Basic Principles of Formwork
Formwork, Falsework, Back-Propping, and Scaffolding


Notice: The course description on this page was captured from the Internet as historical reference or submitted by visitors. It was archived statically and not updated from day to day.
 


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