Course
Getting Paid: The Challenges Arising out of Payment Issues
Decision Making and Leadership
$63.00
Group Bookings
Summary
As payment issues become increasingly frequent in the current construction market, this course provides essential knowledge on payment provisions under FIDIC contracts, including a comparison with legal perspectives including a review of common law and civil law perspectives to facilitate this issue and ensure successful project completion.
As payment issues become increasingly frequent in the current construction market, this course provides essential knowledge on payment provisions under FIDIC contracts, including a comparison with legal perspectives including a review of common law and civil law perspectives to facilitate this issue and ensure successful project completion.
This course covers a range of topics, including ‘what is payment’, the consequences of delayed or non-payments and the effect this has on real world projects, key provisions on payments under FIDIC contracts, Contractors’ entitlement under the contract arising from delayed payments, and the common and civil law jurisdictions view on this issue.
Attendees are expected to acquire knowledge on payment mechanism under the FIDIC contracts, the issues arising from payments and how it is being dealt with under the provisions of the contract, as well as common and civil law jurisdictions, allowing them to effectively manage payment issues and successfully deliver projects.
Event Details
Next Available Dates
18 October 2023
- Course Delivery: 1 Live Webinar, lasting 1 hour from 7-8:15pm GST and 4-5:15pm GMT.
- Following purchase of a CIOB Academy course the team will email delegates registration links and additional information, 1 week prior to the course start date.
- Accessing the live webinar sessions during the course require delegates to register using teams
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Objectives
By the end of the course you will be able to:
- Understand the issues arising from delayed or non-payment
- Understand the payment mechanism under FIDIC Contracts
- Understand the contractor’s entitlement arising from delayed or non-payment
- Understand the contractor’s rights and obligations under common and civil law jurisdictions
Contents
The course will cover:
- ‘What is Payment’
- The issues arising from delayed or non-payment
- Real world examples
- Key payment provisions
- The Contractors entitlement
- Common vs Civil Law jurisdictions
Suitability
Contract Administrators, Engineers, Quantity Surveyors, Commercial Leads and Consultants.
Assessment
No assessment.
Other currencies
Course Leader
Lead Tutors
Quantum Global Solutions.
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Stephen Board, Director UAE. Along with an MBA in Construction and Real Estate, Stephen holds charterships as a Quantity Surveyor, Construction Manager and Professional Manager. He has a deep understanding of, and high competency in the differing commercial, financial and technical constraints throughout the life cycle of major infrastructure, oil and gas and property projects from bidding for work, through to delivery, variations, claims and final accounts. Stephen is an outstanding professional with over 18 years’ international experience in engineering consultancy, contracting and subcontracting organisations. Stephen leads Quantum’s Abu Dhabi office where his ability, work ethic and professional attitude has allowed him to rapidly develop from a Senior Consultant, through to Associate Director and now Director. In his spare time, Stephen is the Chairman of the Lighthouse Club Abu Dhabi and Vice Chair for the Chartered Institute of Building (CIOB) Abu Dhabi Hub, where he advocates for a professional construction industry and enjoys influencing regional construction policy. |
Michael Davies, Country Director UAE. Holds a BSc (Hons) in Building Surveying, LLM in Construction Law and Arbitration and is a member of Royal Institution of Chartered Surveyors (RICS), Chartered Institute of Arbitrators (CIArb) and Chartered Association of Building Engineers (CABE). With over 17 years’ experience in commercial and claims management across the UK, Middle East and Far East, earlier this year Michael was appointed as Quantum Global Solutions, Country Director UAE and is based in the company’s Dubai office. In his career he has prepared numerous claims for extensions of time, disruption, acceleration, quantum for prolongation, variation costs, loss and expense for major clients and has acted as party appointed expert for matters of quantum in arbitration proceedings in the Middle East. Michael has sectoral experience across a multitude of sectors including oil and gas, infrastructure, schools, malls, metro, civil construction, industrial, solar and wind energy projects and regularly supports construction industry events in the region. |
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