How to Pay Subcontractors and get Paid under ECS and an Overview of the SoCC
How to Pay Subcontractors and get Paid under ECS and an Overview of the SoCC
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This course introduces you to the payment provisions of the NEC3 Engineering and Construction Subcontract (ECS). This webinar provides an overview of the main payment options A, B, C & D.
After completing this course, you will have a much clearer understanding of the intent of the specific contractual clauses and in practical terms begin to see how they should administer them for the benefit of all parties on a particular project.
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
By the end of this course, you will be able to:
• Explain what the PWDD is under each of the main options and how this affects assessing the amount due
• Outline the timetable for assessment and payment
• Understand the key features of Schedule of Cost Components (SCC) and Shorter Schedule of Cost Components (SSCC)
About the Author
About the Author
This course is produced by Built Intelligence, in association with Neil Earnshaw.
Neil is a highly regarded consultant with experience working as a client, consultant and contractor in the construction industry with particular expertise in developing and implementing NEC forms of contract.
