Valuing Variations
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Overview
Valuing variations is one of the biggest challenges Contractors and Engineer to contracts face.
Almost all construction and civil engineering contracts will vary from the original design and scope as the contract progresses.
But how do you ensure that the valuation of the variation is fair and equitable to both the principal and the contractor?
This is a practical course, based on the provisions in NZS3910.
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Length
1 day course.
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Facilitator
Fiona Knight or Dave Hooker
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Cost
$520 + GST
(minimum numbers apply before a course is confirmed)
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Topics include
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Refresher of the provisions in Section 9 of NZS3910
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Understanding what constitutes a variation
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Defining the role of the Engineer and the Contractor and their part in a variation and its valuation
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Refining the principles in NZS3910 behind how to value a variation as seen by the Engineer and the Contractor
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Practical case studies across the range of construction and civil engineering sectors including a case study negotiation
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On completion of this course participants will
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Prepare a proposed value of a variation
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Analyse the issues that lead to a variation
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Understand the different perspectives of the various parties to the contract
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Apply the provisions of NZS3910 in valuing variations
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Recognise that the negotiation and valuing of a variation in a positive atmosphere whilst considering the positions of all parties to the contract, is an essential part of contract management
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Who should attend
Any-one who is involved in valuing variations under NZS3910, specifically contractors and the "engineer" to the contract. Participants are expected to know and already understand the provisions of NZS3910.
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Presenter information
David has had more than 40 years involvement in the Civil Engineering industry having had senior engineering positions within Local Authorities and with Contractors. These role have exposed him to real life situations involving the management, winning through tendering, supervision and completion of contracts varying in size from small to multi- millon dollar complex construction contracts, completed under the current NZ standard Conditions of Contract of the time. (NZSS 623, NZSS 3910). In his management roles he has not only seen the application of successful Contract Administration to achieve financial success for his own and employers companies, but the effects of inadequate controls which have not achieved good outcomes. All of these instances are learning experiences which he brings to this course. David has held various roles including branch Chairman of a Contractors Federation branch, Industry Representative on the Advisor Board for Civil Engineering Training at a Polytech, whilst holding positions of General Manager, Regional Manager, Deputy Chief Engineer, etc for his various employers. David now offers his expertise in a practical, straight forward way to achieving the ‘Win –Win’ outcome for all parties through understanding NZSS3910. He also supports Fiona Knight in providing background examples and guidance from a practitioners prospective for her Understanding NZSS 3910 Course.
David is qualified NZCE (Civil), REA, NZIM (Advanced) and currently works on a contract basis utilising his civil engineering expertise for a variety of companies, organisations and individuals.
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