Overview
CAB are pleased to offer Contract Law and Commercial Training courses. CAB have partnered with the Confederation of Construction Specialists, a fellow peer to peer Trade Association to provide the following specialist courses:
- Introduction to Contracts
- Contractual Awareness for Salespeople
- Getting Paid Workshop
Learning Aims
Sub-Contracting in the UK Construction market can be highly rewarding if the contract runs smoothly. However, sub-contracts that go awry are potentially fraught with risks, costs and penalties.
These courses will give your business the opportunity to up-skill your staff to keep your business safer, with the new knowledge they’ll possess, protecting your business interests.
Course Delivery
Please Note: These courses are delivered online, full day courses will be provided over two sessions on separate dates, usually one week apart.
Course 5001: Introduction to Contracts
The course is designed to give a detailed grounding in the essential elements of contract law and procedures, with emphasis on the formation of contracts. The course covers practical aspects of how contracts are formed and how to understand the key provisions of the contract. Gives guidance on how to monitor the pre-contract ‘battle of forms’ and promotes a useful system for keeping track of the formation of contracts.
Who is it for:
The course is designed specifically to provide a broad appeal, and is targeted at construction staff who work with contracts; which includes; Contracts Managers; Project Managers; Commercial Managers, Quantity Surveyors and Credit Controllers.
What will you learn?
- English law
- Contract law
- How a contract is formed?
- Offer
- Acceptance
- Consideration
- Monitoring the formation of contracts
- Analysing when a contract is formed
- Analysing what a contract consists of
- Implied terms
- Exclusion clauses
- Who is a contract between?
- How can a contract be discharged?
- Limitation periods and deeds
- A typical contract checklist
- Invalidity of contracts
- Key subcontract provisions
Date – 21st March 2024
The course is for 1 full day.
Price member rate £220.00 +VAT, course not offered to non-members
Delivery method: Live, interactive sessions delivered via online platform
Course 5002: Contractual Awareness for Salespeople
The course is designed to focus on key contractual and legal aspects of winning contracts and of running contracts and sub-contracts. The course identifies how to recognise and avoid contractual and financial risks and pitfalls, how to negotiate sound profitable contracts and gives a general understanding of the basis of construction contracts.
Who is it for:
The course is designed specifically to provide a broad appeal, and is targeted at construction staff who are involved with tendering, winning orders, negotiating or managing contracts; which includes; Sales Managers; Contracts Managers; Commercial Managers.
What will you learn?
- Credit checking
- SPV’s
- Tendering, enquiry and bidding
- Formation of contracts
- Qualifying offers
- Orders, letters of intent and authority to proceed
- Executing the contract
- Contractual systems and arrangements
- Subcontracting
- Range of Standard Forms
- Subcontract sum and price
- Interim payments and credit exposure
- Construction Act and planned amendments
- Priced activity schedule
- Valuation of variations
- Retention
- Discount
- Interest on late payment
- Protection – warranties, bonds and guarantees
- Insurance requirements
- Programme – pitfalls and priorities
Dates – 14th March and 21st March 2024
Price member rate £190.00 +VAT, course not offered to non-members
The course is is split over the two above dates – 3hrs per morning – delivery is online, the course will be delivered over two half day sessions on separate days.
Delivery method: Live, interactive sessions delivered via online platform
Course 5004: Obtaining Payment
The course is intensive and interactive and focuses on the aspects of getting paid by using contracts as agreed in contractual arrangements.
As with other surveys, the ‘State of the Construction Industry’ survey also concluded that 25% of payments are not made on time with 40% of respondents stating that their payment terms exceeded 40 days and that only 45% of tier one contractors pay in accordance with their contractual terms. Therefore, it is vital to understand how to protect your business by getting paid on time by using contracts as agreed in contractual arrangements.
Learning how to administer and manage the contractual process correctly will help with potentially reducing payment delays.
Who is it for:
The course is designed specifically to provide a broad appeal, and is targeted at construction staff who work with contracts; which includes, Accountants, Credit Control & Financial staff, Administrators and Contracts Managers.
What will you learn?
- Subcontract price
- Interim payments (30-day payment)
- Periods of time
- Valuations
- Applications for payment
- Priced activity schedule
- Advanced payment
- Variations
- Valuation of variations & submitting quotations for variations
- Retention
- Discount
- Interest on late payment
- Final account, retentions & contractual obligations
- Fluctuations
- Value Added Tax
- HMRC Construction Industry Scheme
- Remedies
Dates – TBC
Price member rate £220.00 +VAT, course not offered to non-members
The course is for 1 full day. However, as delivery is online, the course will be delivered over two half day sessions on separate days.
Delivery method: Live, interactive sessions delivered via online platform
Certification
Upon completion of the course the delegate will be issued a certificate of completion, to use as evidence towards their continued professional development portfolio.
Further Information
Please be advised these courses require a minimum of 10 delegates. Should we receive fewer bookings, we reserve the right to amend your booking to the next available date.
Applications to attend the course will be managed by CAB and candidates can apply by completing the enrolment form which can be found below.
Please Note: The above pricing structure is based upon an online delivery method. If a member company would like one of these courses delivered at their premises, or at an in person location elsewhere, please contact CAB Training Academy for further information and pricing, please note in person training carries a different pricing structure.
Click here for Course Enrolment Form
Completed application forms should be sent to enquiries@c-a-b.org.uk