Getting to Grips with Compensation Events under NEC4 PSC
Getting to Grips with Compensation Events under NEC4 PSC
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This course introduces you to compensation event process for managing change under the NEC4 Professional Services Contract (PSC). This webinar provides an overview of the main provisions of under section 6 of the PSC Contract. After completing this webinar, you'll understand the compensation process of PSC inside out.
Accreditations & CPD
Accreditations & CPD
Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.
Learning Outcomes
Learning Outcomes
By the end of this course, you will be able to:
• Explain what compensation events are
• Outline and follow the key steps in the compensation event process (Notify, Quote and Assess)
• Explain the method of assessment
• Be aware of the sanctions for non-compliance
About the Author
About the Author
This course is produced by Built Intelligence in association with Barry Trebes.
Barry is a chartered quantity surveyor with over 30 years of experience in major transportation, infrastructure and utility projects. Has procurement experience across a wide range of market sectors. He developed and led NEC training and advice support services in Needleman’s and initiated a collaboration with MPS Limited in 1998 to develop a web-based NEC contract management system.
