Commercial Awareness Fundamentals
Commercial Awareness Fundamentals
Couldn't load pickup availability
This series of eLearning provides an overview of the general provisions of a contract and the different types of construction contract.
In this series of online courses, you will gain a practical understanding of the key aspects of the formation of a contract, the necessary elements and what happens where there is no contract. We will explore the different types of contracts and how various contracts deal with Design, Subcontracting, Notices and reporting Changes or Variations.
Accreditations & CPD
Accreditations & CPD
This course provides structured Continuing Professional Development (CPD). Recognition of CPD is subject to individual professional body requirements and the learner’s role. This course is not formally accredited unless explicitly stated.
Suitable for CPD requirements of RICS, CIOB, ICE, APM, and PMI members.
Learning Outcomes
Learning Outcomes
You will learn about:
• Understand the essential elements of a contract
• Understand the difference between a letter of intent and a contract
• Understand the difference between lump sum, cost plus and target cost contracts
• Understand the difference between traditional and design & build contracts
• Explain the payment provisions under the contract and how these are impacted by the HGCRA
• Explain how the adjudication provisions under the HGCRA operate.
About the Author
About the Author
This course is produced by Built Intelligence in association with Steven Evans.
Steven is a dual qualified construction professional with 30 years’ experience in the industry gained initially as a quantity surveyor for a major multinational contractor, thereafter in commercial management positions and later as director and owner of professional services practices in the UK and Australia.
