NEC3 TSC: Overview of Compensation Events Under the TSC
NEC3 TSC: Overview of Compensation Events Under the TSC
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This course will give you an overview of the compensation event procedure in the TSC. We'll look at what a compensation event is and the process for managing them to ensure they're resolved in a timely way.
Accreditations & CPD
Accreditations & CPD
Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.
Learning Outcomes
Learning Outcomes
After studying this course, you should be able to:-
• Understand what a compensation event is and the fundamental differences between a compensation event under NEC3 and contract changes or variations under other forms of contract
• Know and therefore be able to find the definitions of the core compensation events
• Explain the basic stages involved from notification to implementation of a compensation event
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.
